What Does HOA Mean in Real Estate?

What is an HOA?

An HOA, or Homeowners Association, is an organization in a residential community that makes and enforces rules for the properties and residents within its jurisdiction. HOAs are common in planned communities, condominiums, and townhome developments, and membership is typically mandatory for all residents. The HOA is responsible for maintaining common areas, such as pools, parks, landscaping, and community facilities, and may also set guidelines for property appearance, pet ownership, and noise levels. Homeowners pay a fee to the HOA to cover these maintenance tasks and the enforcement of community standards, contributing to the overall upkeep and uniformity of the neighborhood or building.

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