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A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
Breaking HOA regulations can lead to a notice from the association and possibly a fine, especially with repeated violations. Common regulations regard landscaping, fencing, pets and outside ...
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
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The Consumer Protection Division of the Maryland attorney general's (AG) office is warning consumers about home warranty scam letters addressed to homeowners. The division emphasized that these...
In one example, newer infill neighborhoods built decades after the original, surrounding HOA-less neighborhood may have its own HOA but also be within the boundaries of a NA. In the United Kingdom, it is known as a residents' association (RA). RAs are often involved in local politics, contesting seats at local and county elections.
The allegations of gangster-style wrongdoing at one of Florida’s largest homeowners’ associations, the Hammocks Community Association in Miami’s West Kendall suburbs, already were the stuff ...
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