Instruction
Considering the information provided in Chapter 8 of the text (particularly pages 218 - 225; as well as the information provided in the Quick Getaway 8.4 on page 226), make a recommendation on the preferred structure of the Community Association so the 18-hole golf course can be transferred to the resort community AND why this is beneficial to the developer, the resort hotel business, and the residents (condominium and whole ownership owners). Your recommendation should include
the number and types of associations,
classes of memberships (if any),
voting powers of the membership class(es),
a determination as to whether the developer should be a part of the Community Association or not and how (i.e., greater/equal/less representation than other members). Finally,
be sure to address how the operating costs be split among association members (percentages are fine), and
how the structure is beneficial to the developer, resort business and property residents