8139904 Property Owner's Associations

Establishments formed on the behalf of individual property owners, to make collective decisions based on the wishes of a majority of owners. These establishments may provide overall management, publish a telephone directory of the owners, sponsor seasonal events for the owners, establish and collect funds to operated the project, enforce rules and regulations, settle differences of opinion among residents, and make other decisions that are vital to the owners. Establishments formed on behalf of individual real estate owners or tenants that provide no property management but which arrange and organize civic and social functions are included here as well.