Answer: A Homeowners' Association (HOA) is a legal entity created by a real estate developer for the purpose of developing, managing and selling a community of homes. It is given the authority to enforce the covenants, conditions & restrictions (CC&Rs) and to manage the common amenities of the development. It allows a developer to end their responsibility over the community, typically by transferring ownership of the association to the homeowners after selling. Generally accepted as a voluntary association of homeowners gathered together to protect their property values and to improve the neighborhood, a large percentage of U.S neighborhoods where free standing homes exist have an HOA. Most homeowners' associations are non profit organizations and are subject to state statutes that govern non-profit corporations and homeowners' associations.
A Condominium Association means, in addition to any entity responsible for the operation of common elements owned in undivided shares by unit owners, any entity that operates or maintains other real property in which condominium unit owners have use rights, in which unit owner membership in the entity is composed exclusively of condominium unit owners or their elected or appointed representatives, and is a required condition of unit ownership. Fla. Stat. §718.103(2).
Avalon is a Condominium Association.