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If it seems like just about every home on the market you see is part of a homeowners association (HOA), you're not imagining things. An estimated 30% of the U.S. population lives in a community ...
If you're in the market to buy a home and are considering a house in a community governed by a homeowners association, also called an HOA, you'll want to do your research. HOAs can have all sorts ...
Image credits: Bill Fletcher #6. I pressed trespassing charges. I had a compost bin against the house. The only way the Karen in charge of the HOA could have see it was to go onto my property.
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.
Homeowners associations (HOAs) have come under fire in Georgia for abusing homeowners with excessive fees and foreclosures. “None of it makes any sense,” said Karyn Gibbons, who received a ...
The Community Associations Institute (CAI) is an organization that represents homeowners, condominiums, and other community associations around the world. Based in Falls Church , Virginia in the United States , the CAI has more than 60 chapters of condominium and homeowner associations [ 1 ] [ 2 ] [ 3 ] with over 45,000 members worldwide. [ 4 ]
Association law is a term used in the United States for the law governing not-for-profit corporations under various tax codes. This includes charitable organizations, which are generally classified under 501(c)3 in the IRS Tax Code, professional societies, guilds and trade associations, which are classified under 501(c)6, and homeowner associations, which are classified under 501(c)4.
Dissolving a condominium organization isn't unusual. Termination reduces management costs, and in a depressed market makes it easier for homeowners to sell their units.