What is their purpose? What authority do they have? I’m young (not a minor) and don’t have anyone I could ask, so I figured I’d ask here.
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It’s a group made up of people who own homes in the same neighbourhood.
They make rules to keep their neighborhood nice and peaceful. The HOA is like a referee in a game. They have a lot of power. It makes and enforces rules for the neighborhood. For example, they might decide what color houses can be painted, or how high the grass can grow before it needs to be cut. They do this to make sure the neighborhood stays looking nice, which can help the homes keep their value.
The HOA also provides services for the neighborhood. Think of it like a team captain who makes sure everyone has what they need to play the game. They might take care of things like mowing the grass in common areas, maintaining a shared swimming pool, or fixing the roof of a shared clubhouse if it gets damaged.
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