What does Homeowners' Association mean in Companies & Firms?
This page is about the meanings of the acronym/abbreviation/shorthand Homeowners' Association in the Business field in general and in the Companies & Firms terminology in particular.
“Homeowners’ association” is a corporation responsible for the operation of a community or a mobile home subdivision in which the voting membership is made up of parcel owners or their agents, or a combination thereof, and in which membership is a mandatory condition of parcel ownership, and which is authorized to impose assessments that, if unpaid, may become a lien on the parcel
Authority: Excerpt taken (and modified to not be exclusive to the state of Florida) from Florida statute 720.301(9) here: http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=0700-0799/0720/Sections/0720.301.html
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"Homeowners' Association." Abbreviations.com. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.abbreviations.com/term/2705268>.
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