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单词 Association law
释义

Association law

英语百科

Association law

Association law is a term used in the United States for the law governing homeowner associations and related organizations.

Real estate developers often choose to maximize residential construction to clusters of residences within real property parcels. Many people purchase their residence within an association for reasons such as location along beaches and other areas, amenities, uniformity of appearance and other particular benefits or reasons. Associations are registered by the developer of the community as a not-for-profit corporation, which form of corporation is also governed by particular statutes.

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