![]() For example, they may hire security people, secretaries, and maintenance crews. Obviously, the HOA doesn’t physically perform all of their responsibilities. Setting budgets for the items that HOA dues pay for.Setting and collecting dues to pay for things like maintenance of common areas and security.Maintaining common areas, like playgrounds and swimming pools.While all HOA members may propose and vote on rules, an elected HOA board usually has the final responsibility for ensuring that rules get kept and other responsibilities get met.īesides making and enforcing rules, typical HOA responsibilities include: The individuals who belong to these organizations also own property in that community. Thus, these communities form HOAs to develop and enforce the rules (known as covenants, conditions, and restrictions, or CC&Rs for short) that all property owners need to abide by.Īccording to the Community Association Institute, over 63 million Americans reside in an estimated 320,000 association-governed communities. They may also share expectations for the way that their neighbors will maintain their properties. At the same time, homeowners may need to share the responsibility for certain things. Neighborhoods, subdivisions, and condo complexes contain lots of housing units that are owned by many different owners. This information should be useful to property owners, property management companies, and tenants who live in a community that is governed by an HOA. In most cases, they work together, but sometimes they may come into conflict. It could be helpful to view a brief description of both HOAs and property managers to see how the functions of each are different. ![]() They are both involved in the management of housing communities. It’s easy to confuse a homeowners association (HOA) with property managers.
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