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Every condo I’ve owned the condo fees were controlled by the HOA. Sometimes we were members of two HOAs, one for the neighborhood and one for the condo comple
by adrr 4y ago
Every condo I’ve owned the condo fees were controlled by the HOA. Sometimes we were members of two HOAs, one for the neighborhood and one for the condo complex.
- stormbrew 4y agoWhere I live if it's a condo the organization built around the unit owners is called a condo association or corporation. The principle is the same though. The board is elected by the unit owners based on ownership units and they manage or delegate management of things like fees and reserves and upkeep. The main difference between a condo association and an HOA here is what kind of property is involved. But HOAs are also a relatively recent development here and aren't regulated as strongly so they vary more.