Homeowners' Association

Homeowners' Association - A homeowners' association (HOA) is an organization formed by residents in a planned community or housing development, such as a neighborhood of single-family homes or a condominium complex. The HOA is responsible for managing and maintaining common areas, enforcing community rules and regulations, and collecting dues or assessments from homeowners to fund these activities. Homeowners' associations help ensure the upkeep and overall quality of life in the community but may also impose restrictions and guidelines on property use and appearance.

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Homeowners' Association
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HOA
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Definition and Examples

Definition
A homeowners' association (HOA) is an organization formed by residents in a planned community or housing development, such as a neighborhood of single-family homes or a condominium complex. The HOA is responsible for managing and maintaining common areas, enforcing community rules and regulations, and collecting dues or assessments from homeowners to fund these activities. Homeowners' associations help ensure the upkeep and overall quality of life in the community but may also impose restrictions and guidelines on property use and appearance.
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