Homeowner Associations 101

Nubia Goldstein

When most people think about homeowners associations (HOAs), the first thing that comes to mind is, “Would I be able to get away with painting my house that cool neon green I saw last weekend at Home Depot?” or “HOAs are run by a group of nosey busybodies who have nothing better to do.” Few stop to consider the legal or financial pros and cons of buying in an HOA community. Understanding the applicable laws and rules is essential to advising clients who are considering purchasing property in an HOA.

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