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
Arrangement whereby a party providing financing gets a portion of the ownership. ...
A style of architecture originating in Europe in the 1920s. The international architecture design was very functional and emphasized buildings constructed of steel, reinforced concrete, and ...
A lower phase of a business cycle in which the economy is deteriorating, coupled with a declining rate of business investment and consumer spending. Real Estate prices are typically ...
Evaluation of housing requirements based on family size, ages, occupations, marital status, and other population characteristics. ...
Fee paid only if other criteria are met. ...
Holding and controlling property. It includes not only custody but also having some legal right. An example is occupying real property and enjoying its benefits. ...
location where someone stays on a permanent basis. An example is a home to a family. ...
Yearly tax return filed by an individual or couple. It is due to the federal taxing authority on April 15 for the preceding calendar year. The taxpayer reports gross income, adjustments to ...
Provision in a credit contract specifying that if the lender sues the borrower for late payments, the borrower accepts guilt in advance, irrespective of the reason for nonpayment. ...
Have a question or comment?
We're here to help.