{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/235/972/#05-overview-and-background","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"235","topic_title":"Notes to Financial Statements","subtopic":"235-972","subtopic_title":"Real Estate—Common Interest Realty Associations","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"235-972-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic addresses disclosure requirements for <a href=\"/glossary/c/#common-interest-realty-association\" class=\"term\" title=\"An association, also known as a community association, responsible for the governance of the common interest community, for which it was established to serve. A common interest realty association is generally funded by its members via periodic assessments by the common interest realty association so that it can perform its duties, which include management services and maintenance, repair, and replacement of the common property, among other duties established in the governing documents and by state statute.\"><span>common interest realty associations</span></a>. Subtopic-specific disclosure requirements are included within the respective Subtopics.</div></div>","snippet":"This Subtopic addresses disclosure requirements for common interest realty associations. Subtopic-specific disclosure requirements are included within the respective Subtopics.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e432bd1dc9813f9de4c12319d4e9be6ec420ffd037352aa13422e59a8ebcf995","downloaded_from":"2026-09-09T23:16:44.908Z","last_downloaded_at":"2026-09-09T23:16:44.908Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478376","source_sha256":"2345e45aa938150a72e2afa35791b50defafee628509ed2afd5f0bd6628e11db"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f46ded88a9a8f4ecacfabab05411fcb2963622622f867f8171cafdc2c1e30943","downloaded_from":"2026-09-09T23:16:44.908Z","last_downloaded_at":"2026-09-09T23:16:44.908Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478376","source_sha256":"2345e45aa938150a72e2afa35791b50defafee628509ed2afd5f0bd6628e11db"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6da34ac89122837eb934b27da761d59d8ba795198462d8e1d82d488d1db279a7","downloaded_from":"2026-09-09T23:16:44.908Z","last_downloaded_at":"2026-09-09T23:16:44.908Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478376","source_sha256":"2345e45aa938150a72e2afa35791b50defafee628509ed2afd5f0bd6628e11db"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6da34ac89122837eb934b27da761d59d8ba795198462d8e1d82d488d1db279a7","downloaded_from":"2026-09-09T23:16:44.908Z","last_downloaded_at":"2026-09-09T23:16:44.908Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478376","source_sha256":"2345e45aa938150a72e2afa35791b50defafee628509ed2afd5f0bd6628e11db"}}