SIC Code 8641-27 - Home Owners Associations

Marketing Level - SIC 6-Digit

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SIC Code 8641-27 Description (6-Digit)

Home Owners Associations (HOAs) are non-profit organizations that manage and maintain residential communities. These associations are typically created by developers or builders to ensure that the community is well-maintained and adheres to certain standards. HOAs are responsible for enforcing rules and regulations, collecting fees from homeowners, and managing common areas such as parks, pools, and sidewalks. They also handle maintenance and repairs for shared amenities and infrastructure, such as roads and streetlights. HOAs can be found in a variety of residential settings, including single-family homes, townhouses, and condominiums.

Hierarchy Navigation for SIC 6-Digit Code 8641-27

Tools

  • HOA management software
  • Accounting software
  • Communication tools (e.g. email, newsletters, social media)
  • Maintenance and repair tracking software
  • Online payment systems
  • Document management software
  • Architectural review software
  • Survey tools
  • Legal software for managing contracts and disputes
  • Project management software

Industry Examples of Home Owners Associations

  • Singlefamily home communities
  • Condominium complexes
  • Gated communities
  • Retirement communities
  • Townhouse developments
  • Planned unit developments
  • Masterplanned communities
  • Coop housing
  • Vacation home communities
  • Mixeduse developments

SIC Code 8641-27 - Home Owners Associations

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