HOA Responsibilities vs. Homeowner Responsibilities

When a homeowner considers buying within an HOA, they may wonder what responsibilities they will have versus what is tasked to the association. It’s helpful for potential buyers to understand that while they are still liable for certain aspects of their home, their monthly assessments do afford them amenities and convenience that they would not otherwise have.

Homeowner Responsibilities

Interior. Homeowners are accountable for everything inside of their home, and have the responsibility to insure their furniture, appliances, and belongings from damage due to natural disasters or other occurrences.

Exterior. In addition to the interior, homeowners must maintain the exterior and surrounding property of their home in accordance with the regulations set forth by the HOA. Details such as paint color, siding materials, or landscaping design are usually dependent upon HOA approval.

Compliance. By signing on as HOA members, homeowners agree to adhere to the rules contained in the association’s governing documents. This may include pet allowances or restrictions, parking regulations, noise ordinances, and occupancy stipulations, among other things.

HOA Responsibilities

Common Areas. One of the biggest perks of living in an HOA is having access to extra amenities. The association takes on the responsibility of maintaining shared spaces such as swimming pools, clubhouses, gyms, parks, playgrounds, sidewalks, trails, and green spaces. This ensures that they are available and in good condition for all members to enjoy.

Finances. The HOA board has a fiduciary duty to always act in the best interests of their community. This includes setting yearly budgets and using assessments wisely to maintain and improve the quality of living for all members. They are also tasked with purchasing insurance, paying taxes, and hiring contractors for community projects.

Rule Enforcement. To protect the integrity of the community, the HOA should use its authority to enforce the rules and regulations set forth in their governing documents. They have a responsibility to be fair, direct, and ethical as they enforce these rules and promote the growth and success of the association.

Community Involvement. HOAs may also use funding from assessments to promote a stronger sense of community. This could include planning and hosting community events and establishing an open line of communication between members and the board with a community website or monthly newsletter to keep everyone informed and up-to-date on HOA happenings.

Because each HOA is different, it’s important for potential buyers to carefully review their governing documents to more clearly understand the scope of responsibilities for both homeowners and the HOA, and to have the best experience possible as an HOA member. If you’re a board member looking for a new HOA management company for your Arizona or Texas community, contact Spectrum Association Management today.