CIC (Common Interest Communities)

Common Interest Communities (CICs) are residential developments where individuals own their homes but share ownership of common areas, like parks or swimming pools. These communities are governed by a set of rules created by a homeowners' association (HOA) to maintain property values and ensure a harmonious living environment. Residents typically pay dues to the HOA for maintenance and management of shared spaces. CICs can include condominiums, townhouses, and planned communities, fostering a sense of community while balancing individual homeownership with collective responsibilities.