January 31, 2014

Common Ownership Communities: What are They About?

The Office of Consumer Protection and the Commission on Common Ownership Communities (CCOC) have developed a series of educational videos to help homeowners, residents and boards of common ownership communities learn more about their communities.

Among the topics featured are: what is a common ownership community; an overview of the CCOC; buying a home in a community association; homeowner roles and responsibilities; budgeting and the reserve fund; and board roles and responsibilities.

The CCOC advises the County Executive and County Council on ways to handle issues associated with common ownership of property in communities; promotes public awareness of the rights and obligations of living in common ownership communities; and works to eliminate disputes and maintain property value.

The Office of Common Ownership Communities (OCOC) in the Office of Consumer Protection, provides owners, tenants, residents, boards of directors and management companies of self-governing residential communities with information, assistance and impartial dispute resolution programs.