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What is a Homeowner’s Association and what is its function?

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What is a Homeowner’s Association and what is its function?

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Each buyer who purchases a unit within the condominium is automatically a member of the Home Owner’s Association (HOA) and is entitled to one vote on issues that affect the condominium. A small group of the HOA is selected or elected by the members to sit on a board and oversee and manage the day to day operations of the condominium and enforce the covenants, conditions and restrictions. In the beginning of a project, the developer typically oversees the daily operations of the condominium but as more units are transferred to owners, the developer cedes control to members of the HOA.

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