# ASC 430-972-05: Deferred Revenue — Real Estate—Common Interest Realty Associations — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/430/972/#05-overview-and-background)

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.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T00:25:05.143Z to 2026-09-10T00:25:05.143Z

Record version: sha256:7c868583e5a96a1160e0cab0e6475294858c5aad24b566e2070bb9464b653f50

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 430-972-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/430/972/#05-overview-and-background)

SEC content: no

##### [430-972-05-1](https://asc.understandingaccounting.org/asc/430/972/#430-972-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:25:05.143Z to 2026-09-10T00:25:05.143Z

Record version: sha256:180c307f72b1eeb3bc8feaf9c2251da46d73330b5eb0ee3157e990b74b25c80c

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).