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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.
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 often own and maintain common property, such as recreational facilities, parks, and roads, whereas neighborhood associations are focused on general advocacy and community events. The rules for formation of a neighborhood association in the United States are sometimes regulated at the city or state level.
Some critiques of how HOAs operate exist and offer greater scrutiny along the lines of this particular criticism (and many persuasive arguments for readers' consideration, i.e., such as the following citation focusing on the problem of volunteer board members ruling on upholding fines assessed by a for profit management company against other ...
According to USA TODAY, a homeowners association is a private organization that governs properties within a particular community or subdivision. In Michigan, HOAs hold governing documents that ...
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 ...