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Last year, Texas passed House Bill 614, which requires HOAs to be more transparent about fees charged to homeowners. The new law went into effect on Jan. 1, 2024. HOAs are mandated by law to ...
A homeowner association (or homeowners' association, abbreviated HOA, sometimes referred to as a property owners' association or POA), or a homeowner community, is a private association-like entity in the United States, Canada, the Philippines and certain other countries often formed either ipso jure in a building with multiple owner-occupancies, or by a real estate developer for the purpose ...
"Covenants, conditions, and restrictions," commonly abbreviated "CC&Rs" or "CCRs", are a complicated system of covenants, known generically as "deed restrictions," built into the deeds of all the lots in a common interest development, particularly in the tens of millions of American homes governed by a homeowner association (HOA) or condominium ...
There are cheap ways to block your neighbor’s view but check your HOA rules first. 6. Renting. Some homeowners associations prohibit rentals in the neighborhood — for reasons related to ...
An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary. These communities are set up to accommodate older individuals who ...
Real Estate New California Law has huge impact on HOA Rental Restrictions Per Civil Code 4741, a condominium or stock cooperative association may not unreasonably restrict the rental or leasing of ...
One of your neighbors posted in Real Estate. Click through to read what they have to say. (The views expressed in this post are the author’s own.)
t. e. A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners. These individual units are surrounded by common areas that are jointly owned and managed by ...