Hoa community7/4/2023 ![]() Clubs can have a variety of different structures set up. GLN: If I purchase in a golf community and there is a management company for the club operations, will they also be managing the HOA? Often you will see POAs govern lakes, golf courses, sidewalks, streets, etc. POAs are more about the property itself and don’t require the actual dwellings (as in homes). The HOA is the body that governs a community of homes. POA stands for "property owners association" and HOA stands for “homeowners association.” They are both similar in nature but an HOA must have residential homes with the homeowners being members of the association. GLN: We often hear the term “POA.” What does it mean and how does it differ from an HOA? James Schumaker: This could be a very long answer, but, in short, the purpose is to govern the association per their rules and regulations and protect the value of the residences and community. Golf Life Navigators: James, what is the fundamental purpose of an HOA in most club communities? We recently asked James to help provide an understanding of what HOA life is like ahead of that home purchase. The firm manages both luxury condominiums and residential communities in both Florida and Texas with roughly 250,000 owners under management. ![]() Based in the company's headquarters in Plantation, Fla., James spends his days overseeing all east coast business operations between Palm Beach and Indian River Counties. Helping us on this project is James Schumaker, senior vice president of the Castle Group. Thus, there are no surprises along the way. To continue our Golf Advisor Living mission and get you educated and insightful on a Sun Belt move, our goal is to help you understand HOAs early on so you are much more comfortable with the terminology and objectives. Unfamiliar territory on a subject is extremely important to understand ahead of time so you can ask the right questions. Sound about right? We get it - a bit of anxiety arises when terms like "HOA" and "POA" get tossed around during the search. Not really sure what to expect from the HOA side of the equation.Budgeting for a home purchase and club dues alongside a club membership.Would like to live in a gated golf community.Transition time of 6-18 months to the Sun Belt.If you identify with the characteristics below, you’re not alone: For these folks, a common question we hear is, “What can I expect with HOAs?” 68% plan to buy a home during their search for the ideal golf club. Over the past 18 months, Golf Life Navigators (GLN) has connected with over 10,000 consumers. But it is important nonetheless to educate yourself ahead of time on the fundamentals of an HOA and what your role is as one of many homeowners within a community. It's a classic episode, and one those of us in the real estate industry enjoy.Īs for you, the consumer, I can say with 100% certainty that your future club life in a homeowners association (HOA) will not mirror the lives of Morty and Helen Seinfeld. Rumors swirled that he was stepping down due to threat of impeachment by vice president Jack Klompus, who was certain Morty was stealing from the association's capital reserves after purchasing a new Cadillac. I’m sure you’ve seen the legendary Seinfeld episode where Morty resigns from the presidency at The Pines of Mar Gables Phase II Condo Association in Del Boca Vista, Florida.
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