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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.
The number of HOA governed homes is increasing in the U.S., and it is only a matter of time before you, or someone you know, considers moving into one.
Living in a Michigan homeowners association can come with its pros and cons. Debates over imposed rules, violation notices and fines can quickly become the hot topic of a neighborhood.
There are only a handful of restrictions an HOA cannot enforce. No clause in an HOA agreement can negate federal, state or local law. Federal law prohibits regulations that prevent: Flying of U.S ...
Furthermore, age-restricted communities are often established as deed-restricted communities with Covenants, Conditions, and Restrictions (CC&Rs, which see) or a home owners' association (HOA, which also see), under the developer's control until turned over to the Lot Owners to elect their own HOA board and administer the CC&Rs that govern the ...
HOAs can serve as facilitators of neighborly interaction and camaraderie. Through social events, community newsletters, and shared amenities, HOAs encourage residents to engage with one another ...
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HOAs exist mainly to keep property values high by maintaining and monitoring regular upkeep, like pest control, repairs and aesthetic updates. The way they can afford to do that is through monthly ...