Sellers concessions are a strategic arrangement in real estate transaction where the seller agrees to cover certain costs or fees associated with purchasing a home.
There are many benefits to HOAs, but those advantages come at a price. A home in an HOA community is subject to HOA dues and regulations. This can significantly increase the long-term cost of homeownership and restrict your ability to make independent decisions about decorating or maintaining your home.
Covenants, Conditions, and Restrictions are the primary governing documents of most Homeowners Associations in California. The CC&Rs govern the rights of the property owners and the Association.
For HOAs, implementing universal rules and expectations is part of what helps a community thrive. CC&Rs cover the rights and obligations of the HOA and
the homeowners.
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