If you’re contemplating purchasing a property in a condo, townhouse, or subdivision development, you’ll be forced to follow a stringent homeowner association rules and regulations; pay fines when you fail to obey these rules; be subjected to a property lien when you can’t keep up with the monthly association fees; violation fees and other assessments; and receive additional fines when you break the rules.
Don’t make the mistake other homeowners have by failing to review the homeowner association rules before you buy a property. When you review the association rules, check to see if the following rules exist:
-You can’t begin any exterior remodeling or painting project without the approval of the homeowner association.
-You aren’t allowed to park your car in the drive way to fix it.
-Backyard storage sheds aren’t allowed on your property.
-Setting up of hanging laundry lines, television antennas, satellite dishes, or basketball hoops aren’t allowed.
Homeowner association guidelines were designed to foster a welcoming atmosphere for all members. But the reality is some residents only tolerate the rules, but inwardly oppose them. For instance, an association cannot discriminate against a new home owner just because you have children. While this may be ideal, you’ll find there are some residents who won’t receive children as warmly. In order to foster a more child family atmosphere, you may have to become actively involved in the association.
Can you live with these stringent rules:
-The association limits only one pet per unit. The pets weight can’t go over 15 pounds.
-Association rules will force a property owner to dispose of uncontrolled or excessively barking dogs within three days notice by the board.
-Bicycles are only permitted in marked areas. They can’t be left on common grounds, in hallways, or stored on the outside patio or balconies.
-Personal conduct and clothing in the common grounds must meet association guidelines.
-Signs will not be displayed anywhere on the property.
-Placement of drapes or curtains in a unit without a white liner is prohibited on association grounds. You must be able to see the liner from outside the unit.
-Social gatherings in a unit are restricted to a maximum of 10 guests at any single event.
-If a property owner has plans to rent out their unit, a pre-approval must be obtained by the board before embarking on such an endeavor.
-You can’t sell your property without the board approving of the new homebuyer. The board can also use any lawful reason to reject a potential buyer.
Homeowner association rules can affect certain areas of your lifestyle. Before you decide on a development, make sure to review the regulations to see if you can live with them.
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