Homeowners' Association (HOA)
An organization of property owners within a subdivision or condominium development that manages common areas, enforces community rules, and collects dues for maintenance and services.
HOAhomeowners associationassociationcondo corp (for condominiums)
📖 Definition
An organization managing common areas and community rules in a residential development. In the Philippines, HOAs are governed by RA 9904 (Magna Carta for Homeowners and Homeowners' Associations) and regulated by DHSUD.
📄 Association Dues
Monthly fees covering security, common area maintenance, garbage collection, street lighting, and amenities upkeep. Rates vary by development type and location. Condominium dues are typically higher than subdivision dues due to elevator and building maintenance costs.
🔗 Related Topics
Subdivision, condominium, clubhouse, swimming pool, gated entrance.
🇵🇭 Philippine Context
⚖️ Legal References
- Republic Act 9904 (Magna Carta for Homeowners and Homeowners' Associations)
- HLURB/DHSUD regulates HOA disputes