Table of contents: What is a homeowners association? How much are HOA fees? What is an assessment? HOA rules: What to expect What are CC&Rs? Common restrictive covenants When to review your CC&Rs Can you change restrictive covenants? What happens if you violate HOA rules or can’t pay your HOA fees? Pros and cons of an […]
What Is a Homeowners Association? HOAs—Explained
What is a homeowners association? If you’re buying a condo, townhouse, or free-standing home in a neighborhood with shared common areas and amenities—such as swimming pools, tennis courts, parking garages, or even just the security gates and sidewalks in front of each residence—odds are high these areas are maintained by a homeowners association, or HOA. What is […]