What to Expect from Your Homeowners Association
Posted by Tom Crimmins Realty on
Every owner of condominium properties automatically becomes a member of a homeowners association, otherwise referred to a "HOA." With that membership come certain rights and responsibilities. The primary right that the owner has: to vote at HOA meetings and elect board members. Responsibilities include payment of condo fees and assessments, compliance with association by-laws and rules, and maintaining a condo unit in conformity with those by-laws and rules. Below are various other terms you may hear about from your new HOA.
Declaration of Condominium and By-Laws
The declaration of condominium establishes the existence of a condominium property. It gives the precise location of the property through a legal description and describes each individual…
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