A Homeowners Association (HOA) is an organization that manages a residential community or development, enforcing rules to maintain property values and quality of life. Established by developers, HOAs manage common areas and amenities, setting standards through Covenants, Conditions, and Restrictions (CC&R). HOA rules may cover architectural styles, landscaping, noise levels, and more. Residents pay fees (HOA dues) to fund operations and maintenance. Governed by a board of directors composed of community members, HOAs require potential homeowners to understand their rules and financial commitments thoroughly before purchasing within the community.