What role does the homeowner's association play after the developer turns over the property?

The homeowner's association (HOA) plays a crucial role in managing the community's daily operations after the developer turns over the property to the residents. This includes tasks such as maintaining common areas, enforcing community rules and regulations, managing budgets, and organizing events for the residents. The HOA is responsible for ensuring that the community remains well-maintained and continues to function smoothly, which directly impacts the quality of life for all residents.

While local government relations may be a concern for an HOA, it is not its primary function. Conducting sales of remaining properties or setting prices for future unit sales typically falls under the responsibilities of the developer or real estate professionals, not the HOA. The management of daily operations is essential for the effective governance of the community, making it a fundamental duty of the HOA in the post-turnover phase.