HISTORICAL DISTRICT: A protected area that falls under historical governance. Any exterior changes (such as additions, paint color, window replacements, etc.) made to a building that falls within a historical district requires prior approval.
HOMEOWNERS ASSOCIATION (HOA): A coalition of homeowners in a residential community that establishes rules that the property owners must adhere to. Joining an HOA is a bit like sacrificing some control over your property to regulate that of your neighbor.
HOMEOWNERS ASSOCIATION FEE: A monthly due paid by homeowners living within an HOA community to help maintain all properties, amenities and commas areas within the association.
HOMEOWNERS INSURANCE: Insurance that covers losses and damages to a homeowners home and home assets. It also provides liability coverage agains accidents in the home or on the property.