What is a Homeowners Association (HOA)?
A private organization that is often formed by a real estate developer to manage homes and lots in a residential subdivision.
A Homeowners Association (HOA) is an organization made up of homeowners who live in a specific neighborhood or development.
The HOA is responsible for managing and maintaining the common areas of the neighborhood, such as parks and playgrounds.
They may also have rules in place that all homeowners must follow, such as restrictions on landscaping or noise levels.
Category:
Home Buyers
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