How do HOAs work? Common HOA rules and regulations Do HOAs have legal authority? What to know about an HOA before buying Are HOAs worth it? Homeowners associations (HOAs) are private groups that create legally enforceable rules about what you and your neighbors can and can’t do with your ...
HOAs also decide on budgets for the building and have the authority to charge monthly or one-time fees to their members. HOAs can impose a range of penalties if a member refuses to pay these fees or to comply with community policies. These penalties can include monetary fines, the restrictio...
In this article, we’ll look at how HOA fees work, what they typically cover, along with the pros and cons of living in an HOA community.Why Homeowners Associations Exist HOAs exist to provide services for the residents of the community. They also help to contribute to a well-...
Read our detailed guide to better understand how homeowners associations work and the pros and cons of buying a house with an HOA.
Whether the building is a high-rise How many buildings are in a particular complex Theamenitiescovered such as concierges, tennis courts, or parks/playgrounds Special Considerations: Reserve Funds While fees are used to pay for regular maintenance, some well-managed condo or HOAs often maintainrese...
Drone mapping eliminates the need for people to work in dangerous or hazardous environments, improving safety and reducing the risk of injury or harm. Let’s delve a bit deeper into some of the specific benefits that mapping with drone technology offers. ...
Some HOAs may be averse to promoting services to homeowners. However, you could possibly offer a free, one-time minor repair service to a common area to build a relationship with the HOA. Perhaps, once they’ve seen the quality of your work, they’ll be more open to partnering. ...
I work for a university and it is quite difficult to make a foreign friend speak English here. Could you give me a advice how can I improve my English? Sy Do you need to improve your grammar or speaking skills? Ronnie Could we find an opportunity to show our ability? Or should we...
How do boards turn into bullys? Read my research. You were lied to. Property values go down in HOAs and Condos, not up! Would you have been better off renting? Maybe. Download this comparison chart." Renting vs. Buying a Condo! Can your county or city take away your home if you...
When it comes to HOAs or condo buildings, there are no hard-and-fast rules on exactly how much to tip each member of your association’s staff; indeed, it’s next to impossible to put a price tag on a secure building, an important package collected in a timely manner, or a happy, ...