HOA
Also known as Homeowners Association
An organization that manages shared spaces and enforces rules in a community, funded by owner dues.
In plain English
An HOA governs shared amenities and community standards for a subdivision, condo building, or planned community — collecting regular dues from owners to fund maintenance, insurance, and shared services, and enforcing community rules.
Always review HOA dues, rules, and financial health before buying — a poorly funded HOA can mean a surprise special assessment down the road.
Where you'll run into it
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