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Mandatory vs. Voluntary HOA’S

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Homeowner associations, in today’s culture, have become more popular than in recent years. Georgia is ranked 8th in the United States has having the most number of HOAs in its presence. More detailed communities have amenities such as tennis courts, play areas, swimming pools and club houses. Implementing assessments provides the groundwork that these amenities will be properly preserved. Protective covenants are put in place to effectively maintain restricted use of a homeowner’s property but in turn they see an increase in community beautification not to mention property values. While voluntary associations may be satisfactory to some homeowners, even with the protection of covenants, there is no obligation to pay assessments. Violation of covenants in this particular condition leaves enforcement to individual homeowners and usually at their own expense. With rising legal costs, most covenants in voluntary HOA’s have the potential to lose its effectiveness over time. Mandatory HOA’s have the capability to impose assessments against homeowners for violating its protective covenants, up to filing liens and or judgments against the homeowner’s property. The use of a Community Association Manager is paramount in ensuring that professional services are implemented for the community for its maximum benefit. Acting as an intermediary between the Board of Directors and its homeowners, the Community Association Manager provides stability in community optics and operations.

On 22-09-2016 0 1388

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