Home Owner Association (HOA)

Home Owner Association (HOA) is an organization established to govern a private community via established covenants. By buying a lot and/or home in the community, an owner automatically becomes a member of the homeowners association. A HOA is similar to other corporations - it is governed by a board of directors elected by the members and set of rules called by-laws or covenants. The collective goal of the homeowners association is to maintain the quality of the property and the lifestyle envisioned by the planned residential development.