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What is the difference between a neighborhood and homeowner associations?

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What is the difference between a neighborhood and homeowner associations?

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Neighborhood associations are generally a group of residents and others stakeholders that volunteer to improve and enhance the well-defined, geographic area where they live or work. The neighborhood association meeting is a time to exchange ideas, decide on projects and priorities, proposed solutions, and make plans affecting the neighborhood. Homeowners associations are groups of homeowners who live in an area built by the same developer, usually referred to as a subdivision; formed for the purpose of improving or maintaining the quality of the area. Homeowners associations usually have a formally elected body and are governed by deed restrictions-a set of rules that the buyer agreed to when they purchased the home. These rules or covenants, often govern construction regulations, membership/dues requirement, a s well as a wide variety of other issues.

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