Property Ownership
What is a 'homeowners association' (HOA) and what authority does it have in Delaware?
AA voluntary social group for homeowners with no legal authority
BA legal entity created to govern a planned community, enforcing CC&Rs, maintaining common areas, and levying assessments✓ Correct
CA county government office that manages homeowner disputes
DA state agency that regulates residential property standards
Explanation
An HOA is a private legal entity (typically a non-profit corporation) created to govern a planned community, condominium, or similar development. It enforces covenants, conditions & restrictions (CC&Rs), maintains common areas, and levies assessments to fund operations.
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