Property Ownership
In Tennessee, a 'condominium association' is responsible for:
AManaging the sale of individual units
BMaintaining common elements, enforcing rules and CC&Rs, and managing the association's finances✓ Correct
CSetting individual unit prices
DCollecting property taxes on behalf of the county
Explanation
A condominium association (HOA) is responsible for maintaining common areas, enforcing the community's CC&Rs and rules, and managing the association's finances including collection of assessments.
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