Common Pitfalls of Self Managed HOAs and How to Avoid Them For many homeowners associations, the idea of “going it alone” is an attractive prospect. Whether driven by a desire to reduce monthly assessments or a belief that the community can handle its own affairs better than an outsider, the transition to a self-managed HOA
When purchasing a home in a community that has a homeowners association, you aren’t just buying a house; you are investing in shared property that is protected by Covenants, Conditions, and Restrictions (CC&Rs). When you purchase your home, these covenants are conveyed with the property, making them legally binding documents. These governing documents are designed to