Tag: Hoa

Posted on 07/04/2021
Common-Interest Housing
Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells and elevators. Any community that shares property, including single-family free-standing homes in developments, falls into the common-interest category. The two most familiar types of common-interest housing terms are condominiums...
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Common Interest Housing
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Posted on 03/01/2020
Pros and cons of HOAs
Photo by Bryan Clayton via Pixabay If you buy a townhouse or condo, you’ll find that you’re more than likely a member of a Homeowners Association, or HOA. What that means, in a nutshell, is that you, along with everyone else in your community, own the exterior of the buildings and the common areas. If your roof fails,...
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