A lot of houses are subject to a Home Owners Association (HOA). They often can make ridiculous rules, including kicking you out of your own home for violating whatever rules they made. They can tell you how your garden looks like, which color your house is allowed to have, can fine you for parking on the road…
The rules are usually designed around keeping up the “value” of the neighborhood by forbidding any sort of individuality in how your garden and house looks from the outside. Sterile and boring is what investors want, to evaluate a neighborhood with a high price.
These kind of organizations make sense for apartment buildings, where you need to organize the upkeep of the overall building, but for suburbs they seem to be mostly an investor too and then a tool for whoever wants to keep themselves busy, terrorizing their neighbors.
These kind of organizations make sense for apartment buildings, where you need to organize the upkeep of the overall building
Yeah this makes sense, but, in my country, this only applies to common areas of the building, and there’s civil law around what can/can not be agreed in assembly.
Are those HOS an assembly with equal voting rights? Or is there weight on shareholders votes based on amount of squares owned? Or something else completely? I’m genuinely interested if you can enlighten me. Or I can research it when I get more time.
Is this true? You can’t grow vegetables in your backyard? Why tho? If true it sounds dumb to me.
A lot of houses are subject to a Home Owners Association (HOA). They often can make ridiculous rules, including kicking you out of your own home for violating whatever rules they made. They can tell you how your garden looks like, which color your house is allowed to have, can fine you for parking on the road…
The rules are usually designed around keeping up the “value” of the neighborhood by forbidding any sort of individuality in how your garden and house looks from the outside. Sterile and boring is what investors want, to evaluate a neighborhood with a high price.
These kind of organizations make sense for apartment buildings, where you need to organize the upkeep of the overall building, but for suburbs they seem to be mostly an investor too and then a tool for whoever wants to keep themselves busy, terrorizing their neighbors.
I get the front garden but the back garden too?
Yeah this makes sense, but, in my country, this only applies to common areas of the building, and there’s civil law around what can/can not be agreed in assembly.
Are those HOS an assembly with equal voting rights? Or is there weight on shareholders votes based on amount of squares owned? Or something else completely? I’m genuinely interested if you can enlighten me. Or I can research it when I get more time.