Whois & Analysis for associaonline.com

In the United States, a homeowner association (HOA) is a private association formed by a real estate developer for the purpose of marketing, managing, and selling homes and lots in a residential subdivision.

It grants the developer privileged voting rights in governing the association, while allowing the developer to exit financial and legal responsibility of the organization.

Typically the developer will transfer ownership of the association to the homeowners after selling a predetermined number of lots.

Generally any person who wants to buy a residence within the area of a homeowners association must become a member, and therefore must obey the several restrictions that often limit the owner's choices.

Most homeowner associations are incorporated, and are subject to state statutes that govern non-profit corporations and homeowner associations.

State oversight of homeowner associations is minimal, and it varies from state to state.

Some states, such as Florida and California, have a large body of HOA law.

Other states, such as Massachusetts, have virtually no HOA law.

Homeowners associations are primarily associated with mid- and late 20th-century and 21st-century residential development.

Property management is the operation, control, and oversight of real estate as used in its most broad terms.

Management indicates a need to be cared for, monitored and accountability given for its useful life and condition.

This is much akin to the role of management in any business.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing.".

A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).

Most jurisdictions now allow the creation of new corporations through registration.

Facility management (or facilities management or FM) is a professional management discipline focused upon the efficient and effective delivery of support services for the organisations that it serves.

It encompasses multiple disciplines to ensure functionality of the built environment by integrating people, systems, place, process, and technology.