Common rules in a Homeowner Association (HOA) are guidelines that govern the community. They typically cover property, residents’ behavior, and shared community spaces.
A Homeowner Association (HOA) is an organization in a subdivision, planned community, or condominium that makes and enforces rules for the properties and their residents. The purpose of these rules is to maintain a certain standard of living, protect property values, and manage shared amenities within the community.
Common rules in an HOA include:
It’s essential for homeowners to understand these rules before purchasing a property governed by an HOA. Violation of the rules can result in fines, legal action, or even a lien against the property.
Commercial share is the portion of a homeowner association's budget assigned to commercial property owners, usually based on property size or value.
A short-term rental (STR) is a rental agreement for a furnished property that typically lasts less than six months, often used for vacation rentals.
Usage Rights Agreement in a homeowner association refers to the permission given to homeowners to use common areas, with outlined parameters and restrictions.
A sublease agreement is a legal contract allowing a tenant to rent their leased property to a third party, often regulated by HOA rules.
Occupancy requirements are HOA rules determining the proportion of owner-occupied units in a property, aiming to maintain value and living standards.
A standard project in a homeowner association refers to routine maintenance, repairs, or upgrades conducted within the community’s existing rules.
We are constantly updating our content. If you have found an error, or think something is missing, please let us know.
Choose a package and get started right away. We'll set up and design your website automatically.