aerial view of a community | hoa mean

What Does HOA Mean?

About 350,000 communities have HOAs in the United States. HOA stands for homeowners association. It refers to residential properties that are governed by a board of directors. In HOAs, residents are expected to follow rules and regulations. It’s easy to understand the HOA definition; however, there’s more to it than the question, “What does HOA…

skyscrapers with mountains in the background on sunset | types of HOA management

5 Types Of HOA Management

Developers usually enlist the help of an outside company to manage a new community. However, at a certain point, the management responsibilities are passed on to a board of elected officials. It is then their responsibility to figure out a management style. Unfortunately, many HOA boards aren’t aware of their options and simply continue to…