4 ms·

HOAs make me want to puke. Why did you agree to join anyway?

• blaines 14y ago
  It's commonplace when you purchase a condo and sometimes even a home. I do prefer to have my building's fire alarms working.
• rprasad 14y ago
  The HOA for a condo generally covers building maintenance, insurance, and other necessary costs that are shared by all of the units in the complex. Thus, if you buy a condo, you do not have a choice about joining the HOA unless you buy the entire complex (meaning the building and all the units*).
  • blaines 14y ago
    Great explanation. Thank you.
  • DannoHung 14y ago
    Sounds like you bought a co-op, not a condo.
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    • rprasad 14y ago
      Condo = unit owners own fractional interests in the shared areas (including the building and land). Co-op = the cooperative owns the shared areas; the members own shares in the coooperative entity. Both = the entity (HOA/cooperative) pays for the maintenance/other costs of the shared areas. Co-ops collect the money for these expenses through monthly dues and yearly assessments. I do not know how co-ops collect for these expenses. My unit is a condo; I fractionally own portions of the building and land. My condo pays for the expenses associated with the common areas through monthly dues and yearly assessments.
      • hell0_th3r3 14y ago
        you have no land rights. ask a lawyer
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• hell0_th3r3 14y ago
  ever had a neighbor who suddenly decides to stop caring for their property? when you live eighteen inches away from them, it matters. this is the allure of an HOA for some - it enforces minimal standards. you are of course free to not live there if you think its too uptight