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Default Homeowner's Associations suck!

On Tue, 21 Aug 2007 15:54:28 -0400, "JimH" ask penned the
following well considered thoughts to the readers of rec.boats:

We have a HOA in our development. The Association officers are responsible
for contracting out the care and upkeep of the main entrance to the
development (landscaping and sidewalk snow removal) as well as enforcing
Association bylaws. They also review and approve fence and shed
installations. Annual cost to each homeowner is $80.


That is pretty cheap compared to most HOAs.

Folks purchasing houses in the developement are told up front of the
Association and are given a copy of the bylaws.


My guess is that nothing is binding, if they didn't also assent to and
sign the restrictive covenants prior to purchase.

I don't mind it. It helps ensure we don't get junk cars and trailers parked
in driveways and eventually adds to the worth of my house.


I don't have any of that, now, and I can park my boat in the driveway
and work on it whenever and as long as I want.....

BTW: I can work on or store my boat on the trailer in my driveway for 2
full weeks/year, which is reasonable.


......which is convenient because if I couldn't, I'd be spending
another $75-$350+/month to slip the boat. That makes that $80 look
like $155-$430+ to me!

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Grady-White Gulfstream, out of Oak Island, NC.

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Default Homeowner's Associations suck!

Gene Kearns wrote:
My guess is that nothing is binding, if they didn't also assent to and
sign the restrictive covenants prior to purchase.


I don't know about your state, but in mine it's as binding as any
other deed restriction. And deed restrictions are very much binding.

Rick
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Default Homeowner's Associations suck!

On Tue, 21 Aug 2007 20:24:12 -0400, BAR penned the following well
considered thoughts to the readers of rec.boats:

Gene Kearns wrote:
On Tue, 21 Aug 2007 15:50:25 -0500, lid penned the
following well considered thoughts to the readers of rec.boats:

Gene Kearns wrote:
My guess is that nothing is binding, if they didn't also assent to and
sign the restrictive covenants prior to purchase.
I don't know about your state, but in mine it's as binding as any
other deed restriction. And deed restrictions are very much binding.

Rick


Even if you don't sign it?


If you buy the property you agree to the deed restrictions and covenants.


Thank you. That was my point.

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Grady-White Gulfstream, out of Oak Island, NC.

Homepage
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Default Homeowner's Associations suck!

David Scheidt wrote:
There are exceptions, for instance, many
properties contain restrictions prohibiting blacks, jews, or otherwise
people the developer thought were "undesirable". These are
unenforcable, and meaningless, but still exist on many properties.


Exactly.
An Abstractors job can get complicated.

Rick
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Default Homeowner's Associations suck!

Phantman:
I don't know about your state, but in mine it's as binding as any
other deed restriction. And deed restrictions are very much binding.


Gene Kearns wrote:
Even if you don't sign it?


Yep.
A deed restriction runs with the land. It's one of the reasons you get
a Title Opinion before buying property. To uncover these sorts of
things.

Rick


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