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Homeowner association. A homeowner association [or homeowners' association (HOA), sometimes referred to as a property owners' association (POA), common interest development (CID), or homeowner community], is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
At least 80% of property owners must vote in favor in order to disband an HOA in North Carolina. HOAs are also required by North Carolina law to hold at least one executive board meeting per year ...
The Davis–Stirling Common Interest Development Act is the popular name of the portion of the California Civil Code beginning with section 4000, [1] which governs condominium, cooperative, and planned unit development communities in California. Contrary to what the title of the Act suggests, the bill was authored/drafted by University of San ...
Maryland House Bill 107. Maryland House Bill 107, also known as HB107, is a Maryland state law passed in 2022 that mandates that condominiums, housing associations, cooperatives, and homeowner associations complete a reserve study by October 1, 2023. [1] The law, passed in response to the Surfside condominium collapse, is most notable for ...
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A neighborhood association is a group of neighbors and business owners who work together for changes and improvements such as neighborhood safety, beautification and social activities. They reinforce rules and regulations through education, peer pressure and by looking out for each other. Some key differences include: [2][3][4] HOA membership ...
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