What Is The Home Owners Association - (H.O.A.)
When you buy a home in a new subdivision or planned unet development, you may be subject to a host of rules and regulations.
When you purchase a home and or property in a new subdivision, common interest development (CID), planned unit development (PUD), or co-op, chances are good that you also automatically become a member of an exclusive club -- the homeowners association. The club's members include all the people who own homes in the same development.
The homeowners' association will probably exercise a lot of control over how you use your property.
CC&Rs --- The trasfer deeds to houses in new developments almost always include limitations on how the property can be used. Usually these limitations -- called covenants, conditions, and restrictions (CC&Rs) -- put decision - making rights into the hands of the homeowners' association.
Most associations try to make decisions that will enhance the value of the homes and property. Some CC&Rs go on to require that sheds or others buildings on the property be kept neat and painted, insist that laundry be dried indoors rather than hung on a line or a fence, prohibit basketball hoops in the driveway or front yards, and prohibit parking RVs or boats in the drivway.
