Are home owners associations considered to be non for profit?

Answer If the association is structured as a non-profit corporation, then that's what it is.If the association makes money on its assets, for example, by renting its clubhouse, or operating a for-profit g... Read More »

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Are any of home owners associations fees deductible?

Usually not, since your assessments pay for services and contributions to your reserve accounts.

When did home owners associations created?

Home owners associations, condominium and co-operative forms of real estate ownership are common world-wide, and under more names or definitions than those stated here. High-density, multi-family ... Read More »

Washington State Home Owners Associations?

The Revised Code of Washington defines a homeowners association (HOA) as a legal entity in which each member owns residential real property within the association's jurisdiction, often a subdivisio... Read More »

Do all home owners associations own their streets?

Review your governing documents to determine the real estate assets owned in common with all other owners in your association. The roadways may be included, or not. There is no standard.