A Homeowners’ Association (HOA) is an organization that establishes and enforces regulations and standards for a neighborhood or condo. HOA provides many benefits, including amenities, maintenance, security, and other services. However, it has some disadvantages, such as fees, restrictions, and bureaucracy. Living in a community that an HOA manages is quite common. A board of directors usually leads an HOA comprised of volunteers who oversee the community. There are over 370,000 homeowner associations in the US, encompassing more than 40 million households, which is over 53% of all households. Read the article…………………………….
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