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M-100 Focus Questions: LEGAL BASIS with 100% correct answers
Define a community association and its 3 characteristics correct answersA community association is a legal entity in which the owners enjoy the protection, enhancement, maintenance and preservation of their homes and property. 
 
- Membership is mandatory 
- Governing documents bind the owner and the association to each other through mandated actions 
- Mandatory lien-based assessments (maintenance fees) are levied on each owner in order to operate and maintain the community association 
 
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