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Forums > Homeowner Association > HOA Discussions

Subject: HOA vs. POA

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JohnH4
(Georgia)

Posts:1

03/23/2006 6:59 AM
I sit on a board in Georgia. We recently hired a great management company. They have begun pushing the board to change our covenants from an HOA to a POA. I have looked on the web and can not find any difference - in Georgia - between a POA and an HOA. Our sub-division has almost 400 homes and is completed. The builder has not been involved with the HOA for 5 years. Can anyone tell me what the real difference between an HOA and a POA is? Thanks for any information.

RogerB
(Colorado)

Posts:3704

03/23/2006 7:47 AM
John, it's wonderful to hear a board member say they have a great management company. I don't know what advantage you would have in Georgia for changing from a homeowers association to a property owners assocaition. What reasons did the management company share with you? One difference between an HOA and POA is: in an HOA the homeowners do not necessarily have to own property. I say, unless there is a good reason "If it isn't broke don't fix it." Roger

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JeffreyC1
(Georgia)

Posts:2

04/30/2006 2:53 PM
John - I'm currently a sitting board member for a 290 home community and we have been working with our attorney to change our community over to a POA from the current HOA status. This change will actually help your Association in several ways, one being that if someone is behind in their dues you can foreclose on the their home (and when the paperwork arrives at the door, you would be suprised how fast their pay up) also if someone forecloses on a property in your community you're the last group on the payback list, with a POA your on the top of the list and the community does not loose any money on these folks.

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Forums > Homeowner Association > HOA Discussions > HOA vs. POA

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