Question

What are the disadvantages of a lake

Answer 1

Answer:

Explanation:

1.Cannot hold title to real property. Setting up an interest-bearing accuont may be difficult.

2.Inability to shelter participant�s individual assets from claims for damages arising out of organization�s activities.

3.Not eligible for lake planning and protection grants.

4.Slightly more complex organizational form and more formality in operations.

5.No authority over shoreland development or lake use.

6.A more complex organizational structure requires a higher level of maintenance.

7.All property owners within the district are subject to the district�s property tax levy.

8.No control over shoreline development.