In the United States a homeowner/ homeowners association a.k.a HOA is an association formed privately by the real estate developer. One of the primary reasons to create or form a HOA is to increase property values by adhering to a certain amount of rules and regulations.
When a family or even an individual purchases a home in a residential community, they immediately qualify to become a member of the homeowner’s association. As the community grows, the developer will hand over the entire control of the HOA to the residents of the community. The homeowners within their rights will then elect a Board of Directors to handle day to day operations.