Property Ownership

What is a homeowners association (HOA) and what authority does it have?

AA voluntary neighborhood group with no legal authority
BAn organization governing a common interest community with authority to enforce CC&Rs and collect assessments✓ Correct
CA government agency regulating residential neighborhoods
DA nonprofit that manages public parks

Explanation

An HOA is a nonprofit organization that governs a common interest community (subdivision, condo, planned community) with authority to enforce CC&Rs, collect assessments, manage common areas, and impose fines for violations.

Related Ohio Property Ownership Questions

Practice More Ohio Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Ohio Quiz →