What is HOA? Click here to discover everything that you need to know about homeowners associations and why communities have them.
There are a variety of different services and costs that can make up your HOA fees, and the services an HOA offers will vary by community need. When looking at homes in HOA communities, compare them by member amenities and their rules and regulations to determine which HOA community best fit...
Lien-based assessments are what give HOAs the power to enforce their rules and governing documents amongst owners. The lien authorizes the HOA to take possession of a home if charges aren’t paid or other rules and regulations are repeatedly ignored. Primary Objectives of An HOA HOAs operate a...
The evolving landscape of HOA laws in 2024 has brought significant changes that impact both homeowners and associations. From new regulations on short-term rentals to enhanced transparency requirements, it is vital for everyone to stay informed and adapt to the shifting legal environment. We hope ...
The HOA board of directors, usually made up of elected homeowner volunteers, is tasked with scheduling regular meetings, creating budgets, hiring vendors and, most importantly, enforcing the community’s rules and regulations. These rules are typically outlined in the Covenants, Conditions and Restrict...
Another issue with Massachusetts HOA laws is thathomeowners’associations are controlled by documents that outline the rules and regulations of the HOA. These documents often change, and not everyone who owns a unit may agree with the change being proposed or changes made. For example, unit owners...
before you buy. Make sure to request a copy of the HOA rules, commonly referred to as "Covenants, Conditions, and Restrictions." These are the governing documents that spell out everything you'll need to know, from community rules and ...
Finally, evaluate the HOA’s finances.Look closely at reserve funds, the association’s budget, and how often special assessments are assessed.Is the association often subjected to litigation, or do they have any pending litigation right now?
The HOA provides regulations and guidelines for its members. These standards are upheld to preserve and enhance the community’sproperty values. The guidelines are often appearance-oriented so they deal with regulations for the cleanliness of the property, the condition of the property, and any repa...
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. ...