It’s been just over eighteen years and six months that we’ve been here in this house; it is both my first and last experience of being part of an HOA. I have learned my lesson. Almost from the very beginning, I have vowed that I will never again be part of an HOA. The $250 monthly fee sure could have paid for more tildes, grrrrrrrrrr. We have recently paid off our 30-year mortgage and are poised to move out.
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If you buy a home, like a single-family home, in a planned, covenanted community, you'll most likely be required to be part of a homeowners' association (HOA). The rules of the HOA community are described in what's called CC&Rs, which describe the requirements and limitations of what you can or cannot do with your property, with the common areas, etc. The goal of the CC&Rs is to protect, preserve, and enhance property values in the community.
CC&Rs are legal, binding documents, providing that all covenants are legal. There can be restrictions that are against the law (for example, ones that violate the Fair Housing Act) that may exist that are typically invalidated by state or federal laws. In most cases, the CC&R is legal and binding.
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