HOA General Information
What is a Home Owners Association, or HOA?
Home Owners Associations, or HOA’s, are legal entities created to ensure common areas are properly maintained. An HOA is also a non-profit organization that manages and maintains amenities such as entrance signage, private parks, boulevards, and landscaping. The City of Calgary is no longer responsible for maintaining these amenities; hence, HOA’s were created to handle the maintenance of your community.
What is involved with an HOA?
There are many features of an HOA, and each HOA is different; however, many HOA’s have these features in common:
A mandatory membership for all property owners within the development;
- Mandatory fees associated with the memberships;
- The authority to enact and enforce maintenance including community design standards; and
- A governing board that has the capacity to hire contractors (including a property management company that handles maintenance and enforcement issues).