HOA'S - To Preserve and Protect
One of the biggest advantages of living in a common-interest
development is the ability of the Association to preserve, protect and
enhance property values. But, just how does the Board of Directors guide
the Association to perform these duties? Often, we think of the
Association as having Rules and Regulations limiting personal freedoms
and individuality. But, it is those same Rules and Regulations that
protect, preserve and enhance the investment each homeowner has in their
home. CC&R's (Covenants, Conditions & Restrictions) define the
responsibilities of Homeowners versus the responsibilities of the
Association, thus protecting your investment. First and foremost,
Associations are made up of the Board, Committee Members, and
Homeowners. It is established as a corporation in which ALL owners
are members. The Board's duty is to establish Rules & Regulations
that are extracted from the CC&R's and written in laymen's terms.
Architectural controls, guidelines, and procedures are established in
order to promote aesthetic conformity throughout the community. Lastly, as
owners, keeping abreast of association matters and contributing
positive, constructive input during Open Forum is always welcomed.
Choosing to attend Board meetings, doing your duty as a member of the
community, and understanding everyone's role will only benefit everyone.