In a homeowner’s association, the homeowner owns a lot together with the house on that lot, and he’s a member of the association with the right to use the rest of the property in the association.
In a condominium, he owns a particular space. That may be just like a box in the sky, the apartment and everything else is owned in common. The owner does not own the land itself. He owns an undivided share in all of the common property of the association.
A homeowner’s association is governed by Chapter 720 of the Florida Statutes. The condominium association is governed by Chapter 718. While there are many similarities, there are also many differences.Share