4 ms·
HOA owns the land, so in a HOA you only have a fractional ownership of the land through the membership in the HOA. As the result of such an arrangement you have
by pandaman 4y ago
HOA owns the land, so in a HOA you only have a fractional ownership of the land through the membership in the HOA. As the result of such an arrangement you have to obey the HOA's rules.
- bombcar 4y agoOften the HOA is just a covenant bound to the land, so you own the land but have to follow the covenant. Getting rid of a HOA is a fun exercise, and it's sometimes done, but rarely.