Owning a property that is managed by a Home Owners Association (HOA)

Veronica Peter September 21, 2023

What is an HOA?

A Homeowners Association (HOA) is an organization that is created within a residential community or neighborhood with the purpose of maintaining and enhancing the value, appearance, and quality of life within the community. HOAs are typically governed by a set of rules and regulations, known as covenants, conditions, and restrictions (CC&Rs), which homeowners must abide by. The association is responsible for enforcing these rules, collecting dues or fees from homeowners, and managing common areas and amenities such as parks, pools, and landscaping. HOAs also play a role in resolving disputes between homeowners and ensuring the overall well-being and harmony of the community.


1. Maintenance and upkeep:  With many homeowners association (HOA), they are responsible for the maintenance of common areas, such as landscaping, pools, and playgrounds. This can save homeowners time and effort in maintaining these areas themselves.

2. Amenities: Many HOA-managed properties offer amenities like gyms, clubhouses, and tennis courts, which residents can enjoy without the hassle and expense of owning and maintaining them individually.

3. Community cohesion: HOAs often organize events and activities that foster a sense of community among residents, such as holiday parties, neighborhood clean-ups, and social gatherings.

4. Property value maintenance: HOAs typically enforce rules and regulations to ensure that all properties in the community are well-maintained. This can help preserve property values and make the neighborhood more attractive to potential buyers.

5. Dispute resolution: HOAs can provide a structured process for resolving disputes among neighbors, helping to maintain peace and harmony within the community.


1. Fees: Homeowners are required to pay regular HOA fees, which can vary widely depending on the community and the services provided. These fees can add to the overall cost of owning a property.

2. Lack of control: HOAs often have strict rules and regulations that homeowners must abide by. This can limit individual freedom and control over property decisions, such as exterior modifications or pet ownership.

3. Potential for mismanagement: In some cases, HOAs may be poorly managed, leading to inefficiencies, financial mismanagement, or conflicts within the community.

4. Limited flexibility: HOA rules may restrict certain activities, such as renting out the property or running a home-based business, which can be an inconvenience for homeowners who wish to pursue these options.

5. Changes in rules and regulations: HOA bylaws and regulations can be subject to change over time. Homeowners may find themselves facing new restrictions or requirements that they did not anticipate when originally purchasing the property. 


When buying a property that has an HOA, be sure to review all the Home Owners Association documents carefully including the CC&Rs, Meeting Minutes, Budgets, and future project proposals. You'll also want to inquire about any past or pending litigation with the association as it may impact your ability to finance the property or sell it in the future.

Be sure to consult your qualified Real Estate attorney if you have any questions or concerns about the HOA that is managing a property you are looking to purchase!!


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As a Bay Area native and San Jose State graduate, Veronica has leveraged her Bachelor’s degree in Business and experience in sales to consistently outperform the market and generate the most profitable results for her clients. With a commitment to excellence and a deeply rooted passion for real estate.

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