The purpose of the Commission on Common Ownership Communities is to: ensure proper establishment and operation of homeowners' associations, condominium associations, and cooperative housing corporations; promote education, public awareness and association membership understanding of the rights and obligations of living in a common ownership community; reduce the number and divisiveness of disputes, and encourage informal resolution of disputes; maintain property values and quality of life in Common Ownership Communities; assist and oversee the development of coordinated community and government policies, program, and services which support these communities; and prevent potential public financial liability for repair or replacement of common ownership community facilities.