What is a homeowners 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.[1] HOAs are found principally in the United States, Canada, the Philippines, as well as some other countries. They are formed either ipso jure (such as in a building with multiple owner-occupancies), or by a real estate developer for the purpose of marketing, managing, and selling homes and lots in a residential subdivision.[2] The developer may transfer control of an HOA after selling a predetermined number of lots.[2] These legal structures, while most common in residential developments, can also be found in commercial, industrial and mixed-use developments, in which context they are referred to as property owners' associations (POAs) or common interest developments (CIDs) instead of HOAs.

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