Authority
A homeowners association is incorporated by the developer prior to the initial sale of homes, and the Covenants, Conditions, and Restrictions (CC&Rs) are recorded when the property is subdivided. There is no mutual agreement between buyer and seller regarding the CC&Rs, they are legally defined to "run with the land". If an owner sells the encumbered land/ home, he ceases to be a member of the association and the new owner is forced to become a member. All members must pay assessments to and abide by the restrictions of the association.
Read more about this topic: Homeowner Association
Famous quotes containing the word authority:
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—James Madison (1751–1836)
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—Emma Goldman (1869–1940)
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—W.H. (Wystan Hugh)