Dealing with HOAs, part 1

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Dealing with HOAs, part 1

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In a podcast episode, Bryan Treat and attorney Jason Billick discuss the impact of Homeowners Associations (HOAs) on homeowners. They explain that HOAs are legal entities created by real estate developers to manage and maintain developments, amenities, and enforce restrictions. The role of CC&Rs (covenants, conditions, and restrictions) in governing HOAs is also discussed, along with the ability of HOAs to issue assessments to homeowners for maintenance and other expenses. The importance of understanding and complying with HOA rules is emphasized, as well as the potential consequences of non-compliance. The speakers mention the formation of committees, such as the architecture control committee, to enforce aesthetic standards in the neighborhood. Homeowners are advised to be aware of their HOA's functions, attend meetings, and maintain a good relationship with board members. The podcast briefly mentions that HOAs can file lawsuits against homeowners who repeatedly violate the rules. The next episode will focus on the foreclosure process initiated by HOAs when homeowners fail to pay assessments. This podcast provides valuable information and advice for homeowners dealing with HOAs, highlighting the importance of understanding and complying with HOA rules.

Contact Jason Billick at http://abdmlaw.com/attorney_billick/
Contact Bryan Treat at https://orchard.com/agent/bryan-treat

See all of our episodes at www.texasforeclosurepodcast.com

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