Homeowner’s Association (HOA)

A homeowner’s association (HOA) is a group that manages a residential community. An elected board of directors oversees the HOA to enforce community rules, maintain common areas, and collect dues to fund shared amenities or benefits. If homeowners fail to follow the HOA’s bylaws, they could face steep fines or a loss of privileges. Not all communities have an HOA, but those that do rely on the organization to preserve property values and improve the quality of life for residents in the area.

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