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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.
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 ...
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The couple, who live in Frisco, Texas, owned their $300,000 home free and clear. But when Michael, an Army reservist, was deployed to Iraq, his wife got into a funk and failed HOAs: What ...
What to do if your HOA crosses the line All HOAs are governed by official rules, so the folks in charge where you live can’t just make stuff up on the fly. If you're fined for violating a so ...
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.
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 ...
A community association is a nongovernmental association of participating members of a community, such as a neighborhood, village, condominium, cooperative, or group of homeowners or property owners in a delineated geographic area.