Homeowners Association (HOA),
What is Homeowners Association (HOA)?
Meaning of Homeowners Association (HOA): The Homeowners Association (HOA) is an organization within a subdivision, planned community, or condominium that sets and enforces rules for real estate and its residents. People who buy property under the jurisdiction of the HOA automatically become members and must pay a fee called the HOA fee. Some associations may severely limit what members can do with their property.
- The Homeowners Association (HOA) is an organization that sets and applies rules and guidelines for subdivisions, planned communities or condominiums.
- Members of the Homeowners' Association are residents of a subdivision, parish or building. Some cities require mandatory membership for those who purchase property in the area.
- The Home Owners Association (HOA) is governed by a board of directors and usually charges a monthly or annual fee for the maintenance of public areas and facilities.
- The Homeowners Association (HOA) can impose fines on owners who do not comply with the rules.
Literal Meanings of Homeowners Association (HOA)
Meanings of Homeowners:
Someone who has their own house.
Sentences of Homeowners
Last year, a new team was formed to deal with criminals, dealing with unscrupulous homeowners and landlords who broke into vacant houses.
Synonyms of Homeowners
Meanings of Association:
A group of people (often by name) are organized for this purpose.
Cooperative bonds or bonds between people or organizations.
The mental connection between thoughts or things.
Sentences of Association
National Broadcasting Association
Established close ties with the university
There is a problem with the word bureaucracy
Synonyms of Association
partnership, interrelation, relationship, cooperative, syndicate, merger, confederacy, alliance, connection, attachment, confederation, corporation, tie, link, interconnection, bond, consortium, conglomerate, federation, amalgamation, coalition, union, guild, relation, league, interdependence