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— In this video we talk about the difference between a Homeowner Association a Residents Association and Community Association how they're governed what they are and what are theta differences That's starting right now — Welcome to Homebuyers School brought to you by Brookfield Residential — Hi everyone Karl here and welcome to another Homebuyers School video a channel where you get the latest strategies tactics and tips from home buying experts and remember if this is your first time on this channel and one you get the latest strategies from the experts hit the subscription button below hit the little notification bells you don't miss anything So today I'm joined by Heather Borderline community experienced lead with Brookfield Residential The question well get answers today is what is the difference between a HomeownerAssociation a Residents Association and a Community Association So thatthosethree terms have always been interchanged I'm sure people using them incorrectly or in different contexts but can you set the record straight what exactly is an HOA an RA and a CA — Sure So an HOA is a homeowners' association an RA is a resident association and those two terms we use interchangeably So that is basically the hub of the community it's where people we create a space for people to get to know their neighboursand then there's a component to a homeowners association or residents association that takes care of the community and beautifying it So thatsthose two things The third one is a CA or a community association and that is very different, but they're integral part of what we do as part of a community Botha are more the civic voice They're the ones that will advocate for the community to have another stop sign installed or those types of things sits the civic voice — So are you talking about things lifelike playground speed — Exactly safety like those kinds of things — Exactly So if when you get into your community then maybe a school develops then all of a sudden you're noticing you know its too quick through Therese need to slow the speed for the safety of the children that's something that the community association would approach the city about, so that is the civic voice — Okay So how I see it as homeowners association or a resident association again more about they are abut I think the community association is more about what like the process or how would that kind of fit — Well the Has and the RAS are the ones that are bringing people together within the community whereas the CA like we just said they would look to things like slowing speed within the community speak with city officials on other things that need to happen within the community because that's not the responsibility of the homeowners association or the residents' association — And is it the same thing but like I guess organized sports — Yeah they would do things like that so Tidbits' soccer those types of things would happen through a community association and in fact as a...
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