Laughing Waters is a home owners association. It's members consist of all of the owners of cabins in the Laughing Waters riverfront development on North Bank Rd in McKenzie Bridge. All of the cabins are on their own land. There is a large common land area and common water system for the cabins. The association establishes rules for ownership, modification of properties, maintenance, and capital improvements.
Laughing Waters is a condominium association made up of the owners of the cabins. Approval of buyers by the association is required as condition of purchasing those cabins. As condominium associations go, Laughing Waters is far more flexible than most.