If you are planning to settle down in a cozy home which is part of a development then you should be aware of the important HOA rules. These rules mainly govern various factors related to living as part of the development.Home Owners Association as the name suggests is by the owners and for the owners. However it was not conceptualized by the owners who bought homes in the development but rather by the developer who initially designed the development. This was done keeping in mind the wellness of the neighborhood in the long run.Some of the key rules which are part of the HOA and common to most HOAs are:
Restriction on making any modification to the external structure of the house lest it might disturb the uniform appearance of the development
Rules pertaining to pets like whether they are allowed if so are there any issues with regard to number of pets or types of pets
Restriction on number of parking space available for each resident
Rules related to maintenance of the surroundings like landscape gardens, swimming pools, common areas, garbage clearance, children play areas, club houses, etc
. Restriction on renting out homesAs already mentioned these are some of the common HOA rules but they are not the only rules.