A homeowner’s association is an organization that governs and manages common interests of the homeowners. Some neighborhoods prefer to have their association governed by a professional management company. This method is usually more expensive but provides for a more business-like atmosphere and consistent and impartial treatment of problems in the neighborhood.
Other neighborhoods choose to represent and run their own association, electing their officers and staff from their population. This method usually costs the membership less in yearly membership fees, allowing more funds to be available for improvements, but can cause strife between individuals who do not agree on particular subjects.
Typical duties of a homeowner’s association would be to collect money in advance to provide for snow removal, insurance and maintenance maintaining common areas such as playgrounds, pools, and entrance landscaping.
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