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HOA Myths And Facts: The Truth About HOA Living

hoa myths

A lot of HOA myths made up about living in planned communities are usually misinformed. Sometimes, myths about homeowners associations can be far from the truth and create a negative image in people’s minds.

 

HOA Myths and Facts to Know About

Misconceptions about HOA living run rampant, mostly among people who have yet to experience HOA living. Here are some common HOA myths and the truth behind them:

 

Myth: HOAs Collect Many Hidden Fees

Many assume that being bound to a homeowners association means that residents always pay hidden fees.

HOAs do collect dues and assessments. These fund the community’s day-to-day operations or emergency maintenance projects. They help carry out the HOA’s responsibilities of maintaining common areas and creating funds for repairs and improvements.

However, all of the fees and assessments that the HOA collects are known by its members. Regular dues are outlined in the HOA’s governing documents that homeowners are provided before signing their property. Meanwhile, assessments must be formally levied before they are collected so homeowners are notified about them and what the special assessments are allocated for.

 

Myth: HOA Fees are Unnecessary

myths of homeowners associationsMany homeowners believe that HOA dues and fees are unnecessary. Another HOA myth is that these dues only put an unneeded burden on homeowners. However, these fees cover many community expenses that also benefit residents.

Essentially, HOA fees cover the association’s day-to-day operations. Collected funds go to the HOA’s budget, which is used for the maintenance of common areas and amenities, regular repairs, and other planned improvements in the community.

Additionally, HOA dues usually also cover reserve funds. These funds are used to cover large-scale emergency maintenance or repairs.

By collecting funds, the HOA can provide homeowners services that benefit all community members.

 

Myth: HOAs Discriminate

Many think that because people live in a planned community, their homeowners association discriminates. However, HOAs are not allowed to do so.

All HOAs are bound to and governed by the Fair Housing Act and regulations stipulated in state and federal legislation. These laws prohibit discrimination for residents based on their race, religion, sex, country of origin, disabilities, or family status.

HOAs exist not only to help manage the community but also to create harmony and inclusivity among residents. They are responsible for doing what is good for the entire community, including creating a harmonious environment where everyone respects each other.

 

Myth: HOA Rules are too Strict

Many people are dissuaded from living in homes with HOAs because they believe joining an association would mean following rules that are too strict.

Yes, homeowners associations have rules in place, but they are not as stringent as many think. HOA rules are usually created to encourage an excellent community living experience. Many rules are agreed upon and in place to promote harmony and prevent issues between neighbors.

Also, HOA rules guide residents when using common spaces, such as clubhouses, activity centers, and meeting areas. It also gives each community member equal opportunities to meet and socialize.

 

Myth: Normal HOA Residents are Powerless in Decision Making

Since HOAs have a board of directors, many people outside of such associations think that the power only rests with the board of directors.

In reality, the community has a large say regarding decision-making in the HOA. Members of the community can freely join and voice their opinions in HOA meetings and join committees to help out the community.

An HOA is in place to help neighbors coexist in a planned community, and the board remains open for resident involvement. Homeowners are never powerless in a HOA, which is essentially community-run. They have the power to influence any decision that the HOA makes.

 

Myth: HOA Boards Make Decisions in Private

Another one of the many myths of HOAs is that board members prefer to make community-related decisions in private. This is far from the truth, as any meeting done in secret is not allowed.

The board of directors manages the community, but it also must be transparent to residents regarding decision-making. This is why any HOA meetings should be accessible to all association members, and every homeowner needs to be notified about all meetings organized by the HOA.

 

Myth: All HOA Communities are the Same

There is already an established image in many people’s minds about a planned community with an HOA. Many believe that they all have the same feel to it.

In truth, all HOAs are different. One community may fit a younger professional’s lifestyle, while others may be better for a different demographic.

When a potential property buyer is looking into purchasing homes in an HOA community, it would be best for them to first research and see if the “personality” of the HOA can also fit their needs.

 

Myth: HOA Rules are Set in Stone

myths of HOAsMany believe that once an HOA is established, the rules it starts with will be implemented until the association is dissolved. However, contrary to popular belief, HOA rules can be changed.

When reviewing CC&Rs and bylaws, a homeowner may find many years-old regulations that do not make sense in the current state of the community. When this is the case, the homeowner has the right to bring this issue to the attention of the board and the HOA to this rule and propose an amendment.

The process involved in amending governing documents may vary per HOA. Usually, it involves creating a proposal, scheduling a meeting with the entire HOA, having a vote, and implementing the changes if approved.

 

The Truth About Living in a HOA Community

People who have yet to experience living in an HOA neighborhood tend to create a skewed image of such communities with myths and fabrications. Although, in reality, HOAs are in place to create harmony among its residents and preserve peace.

Looking to enhance the quality of living in your HOA community with effective management? Condo Manager offers a top-of-the-line community association management platform for self-managed associations and HOA management companies. Reach us online or call us today at (800) 626-1267 to learn more!

 

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