What is a Homeowner Association (HOA)?
A homeowner association (HOA) can have many forms and functions. Basically, a homeowner association is comprised of two or more homeowners that belong to a mandatory membership organization for the maintenance of commonly owned real estate and improvements. Size-wise, it can range from a simple duplex up to a huge development with thousands of detached homes, condominiums and townhouses that maintain marinas, golf courses and other extensive recreational facilities.
