Homeowners' associations consist of all of the property owners in a real estate development which has common and individual interests. Typically, all property owners in the development are required to be members in the HOA. So, for example, all property owners in a planned residential development are members of its HOA.
A homeowners' association (HOA) is a nonprofit corporation or unincorporated association the purpose of which is to manage a common interest real estate development. The HOA is comprised of owners of property in the development. The HOA elects members of a governing board to direct its activities. The board of directors has certain powers and duties. Directors also have individual duties. See attachment for information on the powers and duties of officers of the HOA board of Directors.