In California, homeowners’ rights are established by the governing documents of the HOA. When you purchase a condominium, townhouse or another type of property in a planned development such as a leased land property or a gated community, you are obligated to join that community’s homeowners’ association (HOA) and pay monthly or annual HOA fees for the upkeep of common areas and the building. Home shoppers weigh a laundry list of factors before purchasing a single-family home or condo. Location, price, size, and style are all taken into consideration.
Find out more with the links below:
9 things to know about homeowners’ associations
Pros and Cons of a Homeowners Association Every Buyer Should Consider
