Q. Should I really care about living in communities governed by a Homeowner’s or Condominium Association?

A. It depends if these type of community fits your lifestyle. Communities governed by Homeowner (HOA) and Condominium Associations have rules and regulations governing the exterior of your home, including colors, landscaping, renovations, renters, etc. People who choose to live in one of these types of communities must ask themselves whether they would like living within the rules that provide for the uniformity of structures that these communities can afford their residents. You do get an opportunity to review the HOA or Condominium Association rules and regulations as part of the buying process. If you do not like any aspect of the rules and regulations, you may cancel the contract, without having to provide any reason to the seller.

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