What is the Homeowners Association Purpose and Responsibilities?
– City usually requires HOA when the community owns common property, amenity center – Protect / Increase the community property values – Create a cohesive community HOA responsibilities – Maintenance of common area and amenities – Enforce the Covenants, Conditions and Restrictions (CCRs) a/k/a deed restrictions – ACC (architectural control committee) a committee that evaluates any exterior improvements to your property maintaining Harmony and Integrity of the community.
– City usually requires HOA when the community owns common property – Protect / Increase the community property values – Create a cohesive community HOA responsibilities – Maintenance of common area and amenities – Enforce the Covenants, Conditions and Restrictions (CCRs) a/k/a deed restrictions – ACC (architectural control committee) a committee that evaluates any exterior improvements to your property maintaining harmony and integrity of the community.