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An association management company, or AMC, provides management and specialized administrative services to non-profit trade associations and professional associations using a for-profit approach. [1] Many AMCs serve as an organization's headquarters, managing day-to-day operations and becoming the public face of the organization.
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. [1]
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In an economic climate where a staggering 20 percent of aspiring homeowners doubt their ability to ever afford a home, those who have navigated the complex path to homeownership are now facing a ...
If homeowners fall behind or fail to make these payments — like Quigley, whose problems started after she did not pay two biannual homeowner association dues payments totaling $800 — the HOA ...