Understanding HOA Rules in New Home Communities by Chafin Communities

If you are moving into a home with a Homeowner’s Association (HOA), it is only natural to have questions. People often wonder what it means to be a part of an HOA and what that means for them as a homeowner. Here, we will go over some details to answer those curiosities. 

What is a Homeowners Association (HOA)? 

An HOA is an organized group of homeowners within a subdivision that governs and regulates the neighborhood to uphold the aesthetic and maintain the value of the community. Once you become a homeowner within the community, you automatically become a member of the HOA. The HOA will collect fees and ensure that the rules and regulations are followed by the homeowners. These rules will vary depending on the covenants, so it is important to familiarize yourself with the rules of your specific community as some may be more restrictive than others.  

Understanding the Rules 

Even if you were part of a Homeowners Association in the past, you must review the rules of your new HOA because they are likely to be different.  Not all HOA’s are the same. The HOA rules will be listed on a Declaration of Covenants, Conditions, and Restrictions (CC&Rs). These covenants most commonly govern landscaping, exterior maintenance, parking regulations, and home design elements. For example, there may be requirements for lawn maintenance, trash removal, and the color of the exterior paint of your home. 

Navigating the Rules 

Understanding how to navigate the HOA rules can prevent misunderstandings or conflicts. As usual, communication is key. It is important to communicate with the HOA if you need any clarifications on the set rules. Many HOA boards hold meetings that are open to all residents, which gives everyone an opportunity to discuss any concerns, propose changes, or simply stay informed about ongoing projects. All in all, staying up to date and building a good relationship with your Homeowners Association can help create a smoother living experience. 

Changing the Rules 

Although there is a set list of rules, that does not mean that they are nonnegotiable. There may be rules that homeowners disagree with, and they wonder if they have a voice in making changes. The answer to that question is yes. HOAs are governed by their residents, and changes can be made with enough member support. This is achieved through a process of attending board meetings, submitting a proposal, and gathering supportive signatures. If you find that a rule is unnecessary or unreasonable, getting involved and working with the board to make changes could improve the community for everyone. Ultimately, the rules are there for you, as the resident, and the resident’s opinions on the rules matter. 

Recognizing Fees 

Being a part of a Homeowners Association generally involves paying a monthly or annual fee. The cost of this fee can vary greatly, ranging from around $100 to well above, depending on the neighborhood and its amenity package. Additionally, the HOA can issue fines to those who do not follow the established rules, and late fees may be added if the HOA fees are not paid on time. Understanding the consequences of not complying with HOA rules in your community is crucial. However, familiarizing yourself with the CC&Rs can help prevent any potential fines. 

What Does the Fee Cover? 

When paying an HOA fee it is in your best interest to know where your money is going. Transparency regarding how your money is used makes the fee feel more worthwhile. The money you contribute is used for essentials and services that enhance the neighborhood. This typically includes renovations, maintenance of amenities, and utilities such as water and electricity for common spaces within the neighborhood. 

Benefits of an HOA  

Although having rules from a Homeowners Association may initially seem restrictive, they can greatly enhance the curb appeal of your entire neighborhood. By monitoring certain details, it ensures that everyone is taking care of their home, which ultimately helps maintain your property value. When everyone follows similar guidelines and standards, the neighborhood maintains a cohesive and attractive look which benefits everyone in the community.  Furthermore, HOAs oversee shared amenities like tennis courts, pools, and clubhouses, ensuring those spaces remain clean, functional, and accessible to all residents. Without an HOA, maintaining these communal facilities could pose a challenge. 

At its core, a Homeowners Association is there to care for your community. They are designed to protect and enhance your community, making it a more enjoyable place to live. It is encouraged to learn about your future neighborhood’s HOA expectations to make certain that you are comfortable with the standards and any fees associated with it.  Read more about Mastering Your Finances: Budgeting Tips For Your New Home.