Understanding the Homeowners Association


HOAAccording to House Logic from the National Association of Realtors, Homeowners Associations, or HOAs, are “a volunteer group of neighbors who manage common areas and community property, creates its own covenants, conditions, and restrictions (CC&Rs).” Since approximately 63 million Americans live in communities governed by HOAs (according to the Community Associations Institute) it’s important to have a basic understanding of homeowners associations – how they work, what they do and what you can do if you don’t want to follow to the community rules and restrictions.

Each HOA is different, but here are some starting points to understanding the basic components:


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s