Buying A Home -how Strict Can Association Rules Be?

If you decide to buy real estate in a townhouse, condo, or subdivision development, you'll be subjected to strict homeowner association rules and regulations; fines for violations of these rules; a lien if you fail to come up with money for your fines; association fees; or assessment fees; and many other possible fees if you don't follow the guidelines.

If you're considering purchasing real estate subject to a homeowner's association, you may be surprised at how detailed the regulations can be. Let's go over some typical stringent rules found in some association regulations:

-The homeowner association has to approve any exterior design alterations or painting done by the homeowner.

-Repairing your vehicle in the driveway is prohibited by the association.

-Backyard storage sheds aren't allowed on your property.

-Installation of outdoor clotheslines, old fashioned TV antennas, satellite dishes, or basketball hoops isn't allowed.

While certain association rules are designed to provide a neutral atmosphere for all residents, not all residents feel as passionate about some of the rules. For example, while children must be allowed in all developments, except for senior developments, some residents may not welcome children as equally. It may take some effort on your part to become involved in the association in developing a more child friendly atmosphere.

Here are some additional association guidelines you may be forced to follow:

-The association limits only one pet per unit. The pets weight can't go over 15 pounds.

-Pets that are overly loud or aggressive must be permanently removed from the premises within three days notice by the board.

-Homeowners that own bicycles cannot leave them in undesignated spots. They can't be left unattended on community areas, in hallways, or placed on the balcony or patio.

-Personal demeanor and dress code must follow association requirements.

-Placement of signs aren't permitted on community grounds.

-The installation of drapes or curtains in the unit must adhere to association regulations of having a white liner you can see from the outside of the unit.

-Home owners aren't allowed to invite more than 10 friends or family members over for a gathering in a unit.

-A property owner desiring to rent their unit out must obtain approval from the board prior to doing so.

-If finances are tight and you want to sell your unit, you can't do so without the approval of the board. If the board has any awful reason to reject your buyer, you won't be able to sell the property.

Homeowner association restrictions can cramp your lifestyle if you're not careful. Make sure you research an association's rules before you purchase property in it.

About the Author:
Are you searching for Tustin homes for sale facing foreclosure? Learn how to pick good Tustin Realtors to help you find the best one.

Article Originally Published On: http://www.articlesnatch.com

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