What are the risks of owning property in an HOA?

Related FAQs

Does the HOA have the power to impose assessments?
What rules must HOA elections follow?
Can the HOA board take decisions without members’ consent?
What is the difference between an HOA and a condominium association?
Can an HOA impose restrictions on leasing or renting of properties?
What is the procedure for changing an HOA board composition?
What type of insurance should an HOA consider purchasing?
How is an HOA organized and managed?
What is the purpose of an HOA audit?
Who is responsible for enforcing HOA rules?

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