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What should I know about HOAs?


Living in a community managed by a Homeowners Association (HOA) can have its benefits, but it requires responsibility and understanding from the homeowners. If you're considering buying real estate in an HOA managed community, it's important to understand what it entails, and what you can expect. In this article, we'll explore some of the important things you need to know about HOAs.


Free initial consultations are available for potential clients: Call (888) 458-0991


What is an HOA?

A homeowner’s association is a non-profit organization formed by a group of property owners in a subdivision or community. The HOA is responsible for maintaining and managing certain common amenities and enforcing certain community standards. HOA members are called homeowners and must pay a monthly or annual fee to the association. The fees collected cover community care and maintenance costs such as maintenance of common amenities, landscaping, and other costs.

What do HOAs regulate?

The HOA board usually has rules and guidelines that all homeowners must follow. The HOA can regulate the appearance of the property, landscaping, storage of personal belongings and more. For example, they can regulate the color and type of the external paint of a member, the type of fencing to be installed, and the placement of satellite dishes or other outdoor equipment. The HOA may also impose restrictions on certain uses of the property, such as parking and renting the home.

HOAs give their boards the authority to enforce these rules. Ignoring or violating these rules may result in sanctions. Penalties can range from fines to suspension of certain rights. In some cases, the HOA can file a lawsuit against homeowners who violate the rules.


Free initial consultations are available for potential clients: Call (888) 458-0991


How are HOAs governed?

The HOA board is responsible for the operations, finances, and maintenance of the community. The board typically hires the HOA's fund manager, or in some cases, a community volunteer fills the role. The HOA corporation is responsible for day-to-day management, such as collecting fees, maintaining common amenities, and landscaping common areas.

What to Consider When Buying a Home in an HOA Community

When buying a home in an HOA community, it's important to ask the realtor or seller about HOA rules and regulations, fees, and the general condition of the community. It's also important to find out how much property the HOA has, including restrictions on use and adjustments to your property.

Before buying a home in a community, it would be helpful to read and understand all the documents related to the community HOA rules. That way you know what to expect and if you are comfortable with the HOA rules.

It's also worth noting that some HOAs may have restrictions on renting out your property. So, if you're thinking of moving out of your apartment and renting it out, you should check your HOA's guidelines before making a decision.


Free initial consultations are available for potential clients: Call (888) 458-0991


HOAs can make communities more attractive, safer, and better maintained. However, it is important to understand the rules and guidelines set forth by the HOA, as well as the costs associated with homeowner fees. Before buying a property in an HOA managed community, be sure to do your research and understand all the rules to avoid any unpleasant surprises.

While there are benefits to buying property in an HOA community, it is important to read, follow and understand the HOA rules and regulations. This ensures a more pleasant experience and a clearer understanding of what to expect when moving into the community.

Partner with Cantafio & Song for HOA Legal Support

Navigating the intricacies of Colorado Homeowner Association Law and resolving HOA disputes can be complex tasks. That's where we come in. Our experienced team of attorneys that specialize in Colorado HOA law can provide you with expert guidance every step of the way. We understand the importance of protecting your property rights while fostering a harmonious community environment.

Contact us today to schedule a consultation. Our knowledgeable attorneys are ready to assist you in complying with CCIOA and resolving any HOA-related concerns. Remember, prevention is key, and prioritizing open communication and collaboration can help avoid disputes within your HOA. Let us be your trusted legal partner in safeguarding your property rights and ensuring a thriving community for all residents.

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