Answer :
Homeowners association should be comprised of people living in the neighborhood since they have a first-hand experience of problems that needs to be solved in the community. Moreover, there is trust if the leaders would be homeowners, themselves. Business administrators tend to think about multiplying the money. In this case, it is not needed since all you need to do is keep the money in safe hands and use it for community improvement.
Answer:
Because homeowners associations are comprised only by residents of the community.
Explanation:
A homeowners association is a group of property owners that handle the community common areas and create rules to maintain a good coexistence. It is formed by the residents of the area as they are the ones concerned with having the place in good conditions and maintaining the value of their properties. Homeowners associations are considered legal entities which rules can be enforced by the police but these norms have to comply with the local laws. Usually if someone buys a property in a place where there is a homeowners association, he/she will have become a member. Because of this, homeowners associations are comprised only by residents of the community.