HOA/Condo/Coop Community Amenities

Select all that apply.
Select the items that best describe the Community Amenities of the Condominium or Home Owners Association.  This section applies to properties in a condominium ownership, cooperative ownership, or homes in neighborhoods governed by a home owners association.  Prior to settlement you will be required to provide your Association documents to the prospective buyer or buyer’s representative. Your Association may require a fee for the preparation of these documents, not to exceed $100.00.
Condominium - Individual units in a building or development in which owners hold title to the interior space while common areas such as parking lots, community rooms and recreational areas are owned by all the residents.
Cooperative - A project in which a corporation holds title and sells shares representing individual units to buyers who then receive a proprietary lease as their title.
Homeowners Association - A group that governs a modern subdivision or planned community. An association collects monthly fees from all owners to pay for maintenance of common areas, handle legal and safety issues, and enforce the covenants, conditions and restrictions set by the developer.