locolocal New member Jan 5, 2011 #1 Ok, I know this is a stupid question, but the other day I was wondering who actually owns the land in Home Owners Associations like the greenbelts, pools, lanscaping areas, etc? Is it city owned property or do the home owners own 1/1000th of it?
Ok, I know this is a stupid question, but the other day I was wondering who actually owns the land in Home Owners Associations like the greenbelts, pools, lanscaping areas, etc? Is it city owned property or do the home owners own 1/1000th of it?
qwerty Well-known member Jan 5, 2011 #2 It is owned by the HOA and the owners own the HOA. the hoa is a legal entity.