My XYL is a real estate broker here in Oregon and one of the things most often found on a buyer's "must have" list for a home is *NO HOA*.
As a result, HOA's here tend to bring down the value of a property. CC&Rs (Covenants, Conditions and Restrictions on what you can do with property you buy) may exist even with no HOA. They often have expiration dates written into them, and they are frequently voided by state and federal laws. For example, I once owned a home built in the 1920's whose CC&Rs included a prohibition from hanging my laundry out on a clothesline on Sundays. Having no clothesline I didn't test it. Anyone owning or contemplating owning property should know what CC&Rs are attached to it or if there are none. If your Realtor isn't helpful, contact the company who insured your title to the property. 73, Ron AC7AC -----Original Message----- However, It's almost impossible to buy a new home, or a home that was built in the last several years, without running into this restriction. I've never quite understood why these restrictions don't expire when all of the homes in a given development have passed ownership from the developer to the individual homeowners. That is, in absence of a HOA. 73 de Jim - AD6CW ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[email protected] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html
