The Transaction Block is comparable to a business territory, it consists of an archive of common interest subdivisions, licensed to a CIPOA appraiser( block owner). These subdivisions are chosen by the Block owner. We use the label HOAblock for the for the resident owners who use the block to form master associations, or group for commercial purposes.
There are a minimum of 50 CI subdivisions in a block, but there is no limit on the number. Appraisers must claim a subdivision to include it in their block and agree to a $1 per month CIPOA archive fee, per claimed subdivision. The archive maintains the data and secures it for the appraiser/owner.
Our appraisers will be able to offer detailed subdivision reports to investors or others who are narrowing down their target subdivisions. The fee charged for this report will be standardized if possible.
The CIPOA intends to brand these appraisers with current and future CI owners. We want these owners to turn to us for valuations, analysis or advice regarding common interest subdivisions.
For example, We will be working with the Building Industry Association, to promote the use of our transaction block system to plan and execute their new subdivisions. In addition to projected valuations, we will facilitate the mapping, engineering and approvals. In states like California, 80% of all new production housing, is built within a CI subdivision, one of the reasons we encourage our appraisers to claim subdivision land for their block.
