![]() ![]() What is an HOA? The HOA itself is a legal entity that is usually organized as a non-profit corporation and is charged with carrying on the HOA’s business.Many modern HOAs also own and/or maintain amenities for the neighborhood, such as pools and landscaping, and some HOAs are devoted exclusively to such purposes. This is why in modern subdivisions, you are unlikely to find houses painted lime green or junk cars in front yards. HOAs generally exist to mitigate these conflicts. Increasing urbanization and therefore housing density results in more and more conflicts over property use and appearance. In the distant past, more Americans lived in rural environments where their use (or misuse) of their property had little effect on their neighbors. What is the purpose of an HOA? HOAs are intended to maintain property values and promote peace and harmony within a neighborhood.Accordingly, this post is intended to answer common, basic questions about Colorado HOAs. However, many buyers, sellers, and others involved in home transactions do not truly appreciate what it means to be part of an HOA. New homes are especially likely to be part of an HOA – this was true for 59% of the 620,000 single family homes completed in 2014 in the United States. It does not store any personal data.Every year, more and more Coloradoans live in homes that are part of a homeowners association (“HOA”), also known as a common interest community or community association. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. ![]() The cookie is used to store the user consent for the cookies in the category "Performance". ![]() ![]() This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. We provide innovative property management solutions that outshine our competitors. There is no property too large or too small that we cannot service. We can manage your HOA properties for you so you have less to stress about. Our professional staff is knowledgeable about HOA management in Southern California, serving Los Angeles, Santa Clarita, Valencia, and the surrounding areas. National Property Management Group has extensive experience managing HOAs. Some states allow a lien to be placed upon your home. Violating these CC&Rs could result in fines, suspension of privileges to common facilities, forced compliance to fix the issue, or even having the HOA file a lawsuit against you. Fences may have a height limit or political signs may be banned.Īll HOAs are different and will have their own set of rules that members must follow. Garbage cans and other unsightly items: Some require that trash containers and utility meters to be hidden from sight. Vehicles and parking: Some CC&Rs limit how many vehicles you can park in front of your home, banning street parking all together, and restrict guests from parking overnight. Pets: Some HOAs may restrict certain dog breeds or limit the number of animals you can own. Paint colors: These are usually required to be approved by the HOA before you are allowed to have your home painted. Letting your lawn go, peeling paint, or visible junk will violate the CC&Rs. Maintaining your property: You will have to keep your property looking clean and neat. These regulations are designed with one thing in mind – making sure that your investment remains valuable for you now and well into the future. The goal of the CC&Rs is to protect, preserve, and improve property values in our community. The Declaration of Covenants, Conditions and Restrictions (CC&Rs) for these communities help to ensure both your quality of life and the safety within these neighborhoods as well. These are guidelines which describe what’s allowed on property ownership. If you buy a home in Southern California, you’re likely to find that many are part of a Homeowners Association and enforce what is called CC&Rs. ![]()
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