When you want to move into a condo or housing development, you typically have to sign off on an HOA agreement specifying the rules of the development.

With so many other things to worry about when it comes to buying a home, the homeowners association agreement is often an afterthought.

It’s usually not until you’re comfortably settled in to your new home when you come to realize that your HOA agreement is actually quite restrictive, and may set some “house rules” that you wish you hadn’t agreed to.

Here are seven things to look out for in your HOA agreement:

Whether any of these terms in an HOA agreement are a deal-breaker is up to you. However, you should be aware of these provisions, so you will have realistic expectations of what you can (and cannot) do in your new home.

Related Resources:

  • Find Real Estate Attorneys Near You (FindLaw’s Lawyer Directory)
  • Ask A Question about HOA Issues now (FindLaw Answers)
  • Homeowners Association Basics (FindLaw)
  • HOA Wants Family Evicted for Being Too Big (FindLaw’s Law and Daily Life)
  • Woman Fined $200 by HOA for Brown Grass During Drought (FindLaw’s Legally Weird)

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