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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]
The rules for formation of a neighborhood association in the United States are sometimes regulated at the city or state level. Neighborhood councils are also a different type of entity within a city, whose officers are generally elected, are composed of various neighborhood associations and, as such, may be subject to limitations and special ...
The first such association in the world, VAK ("association for the working class") was founded in 1852 in Amsterdam. Between 2.4 and 2.5 million apartments in the Netherlands are rented by the housing corporations, i.e. more than 30% of the total of household dwellings (apartments and houses).
An HOA may also “require its members to pay for construction or repair of common facilities.” ... NC rules make it easy for HOAs to foreclose on homeowners. State law allows them to force the ...
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Rules for the association may be in the master deed, or could be a separate set of bylaws governing the internal affairs of the condominium. Matters addressed in the condominium bylaws may include the responsibilities of the owners' association, voting procedures to be used at association meetings , the qualifications, powers, and duties of the ...
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 ...
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