why does hoa exist

Question: Why Does HOA Exist?

Answer:

An HOA exists to maintain property values, ensure community upkeep, and enforce neighborhood rules and regulations. By establishing guidelines and restrictions, the HOA helps to create a cohesive and desirable living environment for all residents.

Additionally, an HOA exists to provide amenities and services to its members, such as landscaping, security, and common area maintenance. These benefits help enhance the overall quality of life within the community and contribute to the sense of belonging and pride among homeowners.


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