You need to amend or rewrite documents:You may also want to seek legal counsel when your HOA board needs to amend or rewrite a governing document, such as the Articles of Incorporation, the By-laws, or the Covenants, Conditions, and Restrictions. Many documents are governed by law, which m...
HOAs are composed of and run by the community’s residents. Membership is usually a requirement to buy a home within a community where an HOA has been established. An HOA usually has a board of directors or governors. These groups are elected to enforce and oversee the HOA’s rules and r...
What Is an HOA Fee? HOA fees are charged by aHomeowner's Associationto pay for maintenance of public areas, security, and other services that improve the neighborhood. They may also be used to remunerate elected HOA officials and to defray legal costs. How Much Is a PayPal Fee? As of Au...
Secondly, depending on where you live, you may not even be allowed to do business out of your home. Many zoning ordinances, leases, and HOA rules prohibit using your home as a place of business. Lastly, using your home address as your business address can create headaches down the road....
A notarized document that states you own the home, that there are no liens on the property, that you aren't simultaneously selling the home to someone else, and other information. 🚨 36% of recent FSBO home sellers say they made legal mistakes because they didn't have a real estate ...
an agent you like (interview a few to find the best fit), you may be asked to sign a buyer's agency agreement. This states you agree to work exclusively with the agent for a set period. Most buyer's agents arepaid on commissionfrom the house sale so you won't pay anything upfront...
You should consider the costs of maintenance and repairs for your home. If you are part of a homeowner’s association (HOA), you should budget for monthly or annual payments and assessments. Can I Buy a House With No Down Payment?