Quote:
Originally Posted by Emoto
The difference is this:
With the mafia, you buy your house, live in it and try to go about your business. Then, along comes the mafia and insists that you pay protection money under threat of violence, etc. You had no idea the mafia were in the area.
With a HOA, you find out before you buy that the property is in a HOA and you get to see what the rules are before you buy, and if you buy, you voluntarily agree to the rules because you want to.
What I don't understand is how a piece of property remains in a HOA when it changes hands.
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Regardless of how many owners have owned the home, it is required to disclose the HOA rules and assessments to each buyer - it's just part of the buying / selling process. - if i understand your question correctly.