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July 11, 2008, Newsletter Issue #166: Homeowners Associations
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Tip of the Week
In many pre-planned communities in the South Florida area you will find homeowners associations. These associations create neighborhood guidelines that are there to protect home values and the look and feel of a neighborhood.
For instance they may regulate yard decorations, boat or unregistered vehicle storage, house paint colors and landscaping maintenance. To some this kind of management is intolerable, so make sure you get a complete record of the homeowners association guidelines before you commit to a preconstruction home in a given community.
If you aren't bothered by restrictions, make sure you keep the regulations on hand so you can avoid any problems. You will be required to sign these regulations at closing and you will be required to uphold them.
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