# ASC 850-972-05: Related Party Disclosures — Real Estate—Common Interest Realty Associations — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 850-972-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/850/972/#05-overview-and-background)

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##### [850-972-05-1](https://asc.understandingaccounting.org/asc/850/972/#850-972-05-1)

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This Subtopic addresses the disclosure requirements of common interest realty associations for related party transactions.