Here it is – the definite analysis of the new agreement on the Association/Community of Serb majority municipalities! In a comprehensive way, this report deconstructs the agreement and scrutinizes the procedures for the establishment of the Association; its functioning, competencies and organisational structures and relations with central authorities and the Republic of Serbia. The study also offers an eagerly awaited examination of how the establishment of the agreement may impact on the legal framework that is set out to promote and protect rights of communities and their members in Kosovo. As well as taking stock of the opportunities and challenges that lies ahead, we offer some broad recommendations on how the Association could operate in a way that could serve both its purpose and not upset the Kosovo legal framework, where it is anchored. At the end, we stress the importance of the spirit of cooperation that should prevail among all sides, as the authors argue “the Association will only be functional to the citizens it serves in an atmosphere of transparent and constructive engagement of all stakeholders”.