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Community Association - Mandatory memberships, mutually binding contracts, lien-based assements Purpose of community association - Provide for the community, business, and governance aspects of the association Basic types of community association - Planned communities, condominium, and cooperatives Planned community - HOA, owner association Condominium - Owner of his/her unit Cooperative - Owns stock/holds lease Types of community associations - Master/umbrella, Mixed use development, 55 and older Association derives legal obligation from - Federal, state and local laws- legal documents, lender requirements, standards set by professional bodies EEOC - Equal employment opportunity commission Equal employment opportunity commission - Prohibits discrimination in hiring, promoting, etc. FLSA - Fair Labor Standards Act Fair Labor Standards Act - Dictates standards for minimum wageFMLA - Family Medical Leave Act Family Medical Leave Act - Provides for unpaid leave for various medical issues FICA - Federal Insurance Contributions Act OSHA - Occupy Safety Health Act Occupy Safety Health Act - Outlines safety guidelines for employees FCC - Federal Communications Commission Federal Communications Commission - Regulates what restrictions associations have on antennas and satellite dishes State statues - General, specific, uniform General state statutes - Apply to all organizations Specific state statutes - Apply to only one or more types of community associations Uniform state statutes - Standardize laws in various states that affect community associations Hierarchy of governing documents - Plat Declarations Articles BylawsRules Bundle of rights - Declaration, CCR, master deed
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