What is the difference between a condo association and a Homeowner's Association (HOA?) A Condominium Association (also known as a Condo Association,) is an association of owners usually in a building or multiple buildings divided up into separate homes. The owners of the condo units generally own their individual unit as well as shares in [...]
HOA Common violations stem from an article on the Realtor.com website about the topic. There are many HOA communities in the Baltimore real estate community, so I thought this would be a good subject to address. If you live in an HOA community, there are certain rules and regulations to which you must abide. What [...]
What is an HOA? An HOA is a HomeOwner's Association. What does an HOA do? An HOA's purpose can vary depending on the neighborhood and the rules and restrictions of the neighborhood. If you buy a home in a community with an HOA, you are required to abide by the rules and regulations set forth [...]
The Maryland Real Estate Commission has made a new decision on the HOA or Condo Document Cancellation of Contract deposit rules and shared that change on August 23, 2010. In the past, if a buyer canceled their contract of sale due to an issue with the Homeowners Association Documents or Condominium Association Documents, both the [...]