One Disadvantage of a Neighborhood with a Homeowner's Association Is

question 65

Multiple Choice

One disadvantage of a neighborhood with a homeowner's association is that

• A) the association covenants can restrict how you decorate the outside of your home as well as what you store outside on the property.
• B) the association often chooses the trash and other common service companies for all homeowners.
• C) the association maintains the common area so homeowners do not have to.
• D) the association pays for all homeowner's insurance.

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Definitions:

Prime Working Age

Generally refers to individuals aged 25-54, who are considered to be in their most productive years in terms of labor force participation.

Labor-Force Participation

The proportion of the working-age population that is working or actively looking for work.

Prime Working Age

The age range typically considered to be the most productive and economically active period in an individual's life, often defined as 25 to 54 years.

Teenagers

Young people whose age falls within the range from 13 to 19 years.