Which of the following is true about mandatory assessments in a PUD?

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Mandatory assessments in a Planned Unit Development (PUD) are essential for maintaining common property. These assessments are typically established by the homeowners' association (HOA) to fund necessary services and infrastructure that benefit all residents, such as landscaping, maintenance of shared facilities, and repairs to communal areas.

By ensuring that these funds are collected from all unit owners, the HOA can effectively manage and maintain the common property, which helps preserve property values and enhance the quality of living within the community. This collective financial responsibility also reinforces the collaborative nature of living in a PUD, where all owners share in the benefits and obligations of community upkeep.

The other options do not accurately reflect the principles governing assessments in a PUD; for instance, the idea that they are optional is misleading since these assessments are typically a requirement for all unit owners. Similarly, while developers may impose initial assessments, ongoing mandatory assessments are usually managed by the HOA after the development period. Finally, the assessments are not limited to individual unit costs, as they are aimed at addressing common areas and shared amenities.

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