Homeowners Associations

You probably already know about these associations if not you are now woke. Every community has a homeowners association and this article will highlight what the association is and what it entails.

What is a homeowners’ association?

Simply put, a HOA is a governing body in a subdivision or planned community. The homeowners’ association is responsible for making and enforcing the rules for the properties and residents of the community. In most instances, when you buy a property in a planned community under the jurisdiction of an HOA you automatically become a member. This means you are required to make payments towards HOA fees.

How homeowner associations work

Communities of single-family homes or multi-unit buildings are where you usually find HOAs. The purpose of an HOA is to establish and apply rules that members have to observe. Some of the community’s residence will make up the a HOA. Where a HOA has been established, membership is usually a prerequisite to buying a property within that community. Elected residents will make up a HOA and will enforce and oversee the rules and regulations of a community.

Considerations before buying

Before you buy a property in a community under the jurisdiction of a HOA there are some serious considerations to reflect on. Firstly, are members required to pay a regular levy towards the association? Also, compare how the monthly premiums match up against comparable communities in the area. Besides this, the allocation and distribution of HOA fees are essential to understand. As such, inclusions and ommissions in the HOA fees are important to research. Lastly, ensure that you get a clear understanding of the community’s priorities.

The pros of homeowners’ associations

Neat and tidy community

Most of the time HOA’s have strict rules pertaining to the appearance of the community. As such a HOA will develop rules and guidelines that ensure the community looks sharp, neat and tidy. These rules will encompass strict guidelines about keeping lawns manicured as well as the exterior colour of properties in the community.

Access to amenities

Homeowners’ associations typically offer access to amenities such as swimming pools, fitness centres, parks and other recreation facilities, as well as security.

Shared maintenance costs

Maintenance and upkeep of common areas within the community will make up a huge chunk of HOA fees.

Stuff to do

Many HOA’s provide a wide variety of recreational facilities and community-based entertainment activities. In addition, a homeowners’ association can offer frequent family-oriented meet-ups and get-togethers.

The cons of homeowners’ associations

Monthly Fees

When you purchase a home in a community with a HOA you have to add regular homeowners’ association fees to your budget. For certain communities, these monthly fees can be quite hefty.

Less freedom

As a member of a community with a HOA  you have to adhere to strict rules and regulations. As such, you would need to get approval from a HOA to make any changes or upgrades to the exterior of your home.


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