If you live in a home, condo or townhome built in the last decade, there’s a good chance you have a Homeowners Association (HOA) as part of your world.
HOAs usually oversee condominium buildings, townhomes, planned neighborhoods and some subdivisions, and enforce bylaws and collect fees when rules are broken or dues are unpaid.
In addition to being responsible for maintaining common areas, HOAs usually set covenants, conditions and restrictions (CC&Rs). These types of rules may cover issues such as exterior paint colors, whether you can have a satellite dish, the size and type of pets permitted, etc. In single-family home areas, covenants may cover types of vehicles allowed to park on the street or in a driveway (no RVs, for example),... Continue reading