How to Successfully live under a homeowners association Part 1
You may own your home, but your HOA calls most of the shots.
by Teresa Mears.
If you buy a condominium, townhouse or single-family home in a newer development, you're likely to become a member of a community association.
About 20 percent of Americans live in a community governed by a condo association, homeowners association or co-op board, according to the Community Associations Institute, which educates volunteer board members and association management professionals. The number of communities covered by associations has grown from about 10,000 in 1970 to more than 333,000 today.
Community association come with rules that determine everything from the number of pets you can own to what color you can paint your front door.Some include amenities such as pools, clubhouses and golf courses,while others provide services such as road maintenance and streetlights.
The associations are set up by developers and then turned over to a volunteer board of homeowners once all the units in the development are sold. Those volunteers are responsible for making sure facilities are maintained,collection maintenance dues and enforcing the rules.
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