According to the Community Associations Institute, there are approximately 340,000 owners associations across the United States. Homeowners associations account for 51 to 55 percent of the associations, with condominiums representing 42 to 45 percent and cooperatives 3 to 4 percent. As a result, approximately 66.7 million residents reside in an association. Additionally, more than 80 percent of new construction will be inclusive of a homeowners’ association. These numbers pose significant challenges for lenders, closing attorneys and title companies, particularly in states where there are super liens.