Community Association Institute (CAI)
Definition of "Community Association Institute (CAI)"
Organization dedicated to creating and furnishing the most timely and effective advice and direction for the professional management and financing of facilities and services for condominiums, townhouse projects, open space, and other planned communities. Located in Alexandria, VA, and founded in 1973, the CAI has 13,000 members with 7 regional groups, 45 state groups, and 51 local groups. The organization conducts workshops and training seminars, sponsors competitions, and grants the National Community Association of the Year and Research Awards. The CAI publishes the bimonthly association and industry newsletter, CAI news, and the bimonthly journal, Common Ground, which highlights the community association industry. It also publishes the monthly newsletter, Association Law Reporter, which covers court cases, community association legal trends, and current legislation.
Popular Real Estate Terms
Compared to; relative to; against. ...
Traditional style borrowed from the British Georgian architecture in the American colonial period. Colonial architecture usually has two stories emphasizing window detail and shutters. ...
Within Real Estate, “nuisance” is a term used to describe any disturbance that might affect neighboring houses. Nuisance abatement is the enforcing of policies and codes that ...
House that can be bought at a low price because it is in poor condition. A buyer who is handy may find it attractive because he can personally make the needed repairs without hiring others. ...
Securing lease commitments to a building prior to its being available for occupancy. For example, a developer offers a discounted lease to potential tenants providing they agree to sign a ...
Economic policies designed to reduce the fluctuation in the business cycle. An example is Federal reserve monetary policies. An attempt by an underwriter to prevent a market price of a ...
The person giving property or establishing a trust. ...
The definition of a closed-end lease is what happens when an individual rents or leases an asset at a monthly rate with no obligations for the lessee to purchase the asset that he rents at ...
Rights allowing an insurer to act against a negligent third party to receive reimbursement for payments made to an insured. ...
Have a question or comment?
We're here to help.