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7 Types of Community Associations & How They Work

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2 PREVALENCE OF COMMUNITY ASSOCIATIONS Community associations now govern a substantial portion of American housing. According to the Foundation for Community Association Research, about one- third of all U.S. housing is within a community association, with roughly 77.1 million residents living in these neighborhoods. Despite their prevalence, it can be difficult to understand what community associations are and how they differ. Fundamentally, a community association is a private organization that governs property within a defined development. It maintains common property, enforces standards, and manages shared financial obligations. As North America's leading community management company, Associa works with tens of thousands of associations worldwide. At this scale, we know how these communities operate day-to-day. Read on to learn the seven primary types of community associations, how they work, and their fees. The material presented here is informational and doesn't replace your governing documents or state-specific guidance. 7 6 5 4 8 9 10 11 3 2

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