Homeowners' Association Legal Meaning and Definition
Here is a simplified definition of the legal term Homeowners' Association.
Homeowners' Association (noun)
A Homeowners' Association is an organized group of homeowners in a particular area, such as a neighborhood, who come together to manage shared concerns and responsibilities. These associations are typically formed to oversee common areas, enforce rules for property appearance, and provide services like neighborhood security or sanitation. Along with these responsibilities, they often aid in facilitating social events and recreation for community interaction.