
What is the difference between home owners association and bodies corporate?
Body corporate, according to BusinessDictionary.com, is a legal entity identified by a name. The law grants these entities rights and duties which are different from the rights and duties members o...
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What is the difference between a property owners association and a home owners association?
There really is no difference, except for the styling of the name. Both organizations operate through covenants and bylaws recorded against a group of properties with the goal of making said proper...
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What is the difference between a condominium and a home owners association?
Generally, a condominium is a collection of multi-family units and an HOA consists of single-family units. However, this generalization is not always exact.Both are ownership styles of real estate,...
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Difference between By Laws and Covenants in Home Owners Association?
You can think of the covenants -- properly, covenants, conditions, restrictions and reservations (CC&Rs) or decs (condominium declaration) -- as the association's constitution.The By-Laws, then, ar...
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Are fines imposed upon home owners for rules violation legal and collectible in a home owners association?
If the violations and fines are set forth in the associations's covenants and bylaws, yes, they are.
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