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Property Owner Associations: Functions & Membership

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

If a new restaurant was going to open near a housing development, what type of homeowners association would be most interested in finding out more about the restaurant?

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1. _____ goals focus more on long-term development than the goals of other associations.

2. An HOA community can be a group of similar homes, condominiums, single family homes or _____.

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About This Quiz & Worksheet

Test your ability to identify key aspects of property owner associations. Make sure you know how they differentiate from one another to do well on this quiz and worksheet combo.

Quiz & Worksheet Goals

This quiz and worksheet will test your knowledge on:

  • Type of homeowners association interested in a restaurant planning to open near a housing development
  • Kind of association that focuses on long-term development more than other associations
  • Types of residences that often form an HOA community
  • In addition to a Board of Directors and a volunteer community group, who else can manage an HOA or COA community
  • The goals of homeowners and condominium associations

Skills Practiced

Skills you will be tested on through this quiz include:

  • Information recall - access the knowledge you've gained regarding the goals of associations
  • Knowledge application - use your knowledge to answer questions on the management of HOA and COA communities
  • Making connections - use your understanding of associations and their interests in the opening of nearby businesses

Additional Learning

The lesson entitled Property Owner Associations: Functions & Membership goes into these types of associations in greater detail so you can learn more. This lesson will guide you through the following:

  • Identifying typical payment schedules of HOAs
  • Determining what type of association would be the best for a particular homeowner
  • Describing the services POAs provide to owners in their association
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