What is an HOA covenant and how does it work?
An HOA covenant is a set of written rules and regulations created by a homeowners association (HOA) to ensure that homeowners in their community abide by laws and regulations. These covenants typically establish standards for the properties in the community, such as how many bedrooms and bathrooms must be in each house, what colors paint a house may be, and how far apart properties must be from each other. It also outlines rules that homeowners must follow, such as not parking cars on the street overnight, and not making loud noises after a certain hour. The covenant is enforced by the Board of the HOA, and they have the authority to impose fines and penalties if a homeowner fails to abide by the rules and regulations. They can also take legal action against homeowners who do not comply with the covenant. The purpose of the HOA covenant is to protect the value of the properties in the community, and to ensure that homeowners have a pleasant and safe living environment. By following the HOA covenant, homeowners can enjoy the benefits of a well-maintained property and the security of knowing that their community is being governed properly.
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