{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/850/972/#50-disclosure","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":"850","topic_title":"Related Party Disclosures","subtopic":"850-972","subtopic_title":"Real Estate—Common Interest Realty Associations","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"850-972-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_2B7FCF76-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Some individual board members, officers, or developers may provide <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> with insurance, maintenance, or management services. Such services may require disclosure in conformity with Topic <a altsource=\"GUID-CD979913-B748-48CB-97C2-E736FE70F245.ditamap\" class=\"ditamap\">850</a>. </span></span></div></div>","snippet":"Some individual board members, officers, or developers may provide common interest realty associations with insurance, maintenance, or management services. Such services may require disclosure in conformity with Topic 85…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:914653456e81b739072595cb21d36734193663624afddada6b549482d2a7f77c","downloaded_from":"2026-09-10T02:02:50.151Z","last_downloaded_at":"2026-09-10T02:02:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478349","source_sha256":"91c097c21a6ac99bc9508d6e6c10b5dbf5d422bc30eca19d404828d1a7c03297"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0e339156e8db9961f629e590417ea6cdf31bc9f96d684002942be6f4da0be10a","downloaded_from":"2026-09-10T02:02:50.151Z","last_downloaded_at":"2026-09-10T02:02:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478349","source_sha256":"91c097c21a6ac99bc9508d6e6c10b5dbf5d422bc30eca19d404828d1a7c03297"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bde6e347470e7870a898c44cf6d9c514c7bba47b25829b405a57cdd0f16f3a87","downloaded_from":"2026-09-10T02:02:50.151Z","last_downloaded_at":"2026-09-10T02:02:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478349","source_sha256":"91c097c21a6ac99bc9508d6e6c10b5dbf5d422bc30eca19d404828d1a7c03297"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bde6e347470e7870a898c44cf6d9c514c7bba47b25829b405a57cdd0f16f3a87","downloaded_from":"2026-09-10T02:02:50.151Z","last_downloaded_at":"2026-09-10T02:02:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478349","source_sha256":"91c097c21a6ac99bc9508d6e6c10b5dbf5d422bc30eca19d404828d1a7c03297"}}