The legal entity created by a real estate developer for the purpose of developing, managing and selling a community of homes. It is given the authority to enforce the covenants, conditions, and restrictions (CC&Rs) and to manage the common amenities of the development.It allows the developer to legally exit responsibility of the community typically by transferring ownership of the association to the homeowners after selling off a predetermined number of lots. Most homeowners' associations are non-profit corporations, and are subject to state statutes that govern non-profit corporations and homeowners' associations. HOA's found in Cumming, Georgia
Plantation and Preserve at Brookwood
Homeowners association. Included are association documents, map, amenities, classifieds, services and social events.
[Splat Letter C]
Last update:
October 30, 2007 at 20:56:30 UTC
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