Card 7 / 45: All the following statements are True about an owners' association EXCEPT it
A) is formed to provide for the governing of the project
B) prepares or causes preparation of a budget for the annual operation of the project
C) is a business entity , normally a corporation , initially formed by the developer to manage the affairs of the timeshare resort
D) is formed primarily for the purpose of selling timeshare interests in the resort

Keyboard Shortcuts