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The Community Associations Institute (CAI) is an organization that represents homeowners, condominiums, and other community associations around the world. Based in Falls Church, Virginia in the United States, the CAI has more than 60 chapters of condominium and homeowner associations [1] [2] [3] with over 45,000 members worldwide. [4]
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...
Under Davis–Stirling, a developer of a common interest development is able to create a homeowner association (HOA) to govern the development. As part of creating the HOA, the developer records a document known as the Declaration of Covenants, Conditions, and Restrictions against the units or parcels within the HOA with the county recorder.
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More recently, non-single-family units, such as condominiums and townhouses are being built which also fall into this category. [26] (In Puerto Rico, a condominium is a housing unit located in a high-rise building. It is popularly called an apartamento (English: 'apartment'), whether or not its resident owns the unit or lives in it as a renter.)
A condominium (plural either condominia, as in Latin, or condominiums) in international law is a territory (such as a border area or a state) in or over which multiple sovereign powers formally agree to share equal dominium (in the sense of sovereignty) and exercise their rights jointly, without dividing it into "national" zones.
Luxury condominium building with 410 residential units and 40,000 square feet of retail space. [40] [41] 12 The Watermark Hotel 298 (91) 25 2021 Luxury hotel connected to the Perch [42] 13 8350 Broad 276 (84) 20 2019 [43] 14 Ascent at Spring Hill Station 275 (84) 26 2014 [44] [45] 15 Tysons Central 263.67 (80) 20 2022 Mixed use office building ...