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Can someone explain how HOAs work? They are private organizations, right? So, in the end you get what you sign up for when you acquire property. What am I missi
by weinzierl 2y ago
Can someone explain how HOAs work? They are private organizations, right? So, in the end you get what you sign up for when you acquire property. What am I missing?
- jnsaff2 2y agoObliged to please. Here is John Oliver explaining them: https://www.youtube.com/watch?v=qrizmAo17Os https://www.youtube.com/watch?v=qrizmAo17Os
- gwd 2y ago> What am I missing? Well one thing is you can walk around the house and see what it's like yourself; and you can hire a professional surveyor to catch all the things you wouldn't catch. But you can't tell what the HOA is going to be like -- how much their ideas of what goes and what doesn't go will match your own (and how strict the rules are going to be enforced). A mismatch either way (minutely enforcing tiny rules you don't care about, or refusing to enforce major rules you do care about) is likely to be the source of friction. Actually reading through the article, it doesn't look like the guy thought the rules were stupid -- mostly he thought it would be a fun way to comply.
- db48x 2y agoThey are essentially a corporation where every property owner is a member of the corporation. The members vote to elect officers from amongst their number, who form a board. The board is empowered to collect dues and transact on behalf of the corporation in accordance with the HOA’s bylaws.