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Homeowner’s AssociationA group to which you, the homeowner, may belong to if your neighborhood has one. In order to collect dues and enforce any rules, the homeowner’s association must get signatures from 100 percent of the neighborhood. The group may have the power to impose fines or place a lien on your home if its membership dues are not paid.
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Homeowner’s AssociationAn organization of homeowners living in a particular development, whose major purpose is to maintain and provide community services for the enjoyment of the residents. In real estate it is a PUD and o [..]
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