Two HOAs? What does that mean to you? Why some homes have 2 Homeowner's Associations.

Homeowner’s associations (HOAs) are organizations that play an important role in maintaining the beauty and value of a community. They are responsible for enforcing rules, collecting fees, and ensuring that the community is well-maintained. Most communities have just one HOA, but some homes have the unique feature of having two HOAs. In this post, we’ll explore why some homes have two HOAs and what it means for homeowners.

The most common reason for a home to have two HOAs is that it is located in a community that is divided into sub-communities or sections. Each sub-community or section may have its own HOA with its own set of rules and regulations. For example, a large gated community may have an HOA for the entire community, as well as an HOA for each individual neighborhood within the community. This allows for more specific and localized management of the community. In these cases, the homeowner is typically required to pay fees to both HOAs.

Another reason for a home to have two HOAs is that it is located in a community that is managed by both a developer and a homeowners association. In these cases, the developer may have established an HOA to manage the community during the construction and sales phase of the development. Once the development is complete and the homes are sold, the developer may turn over control of the community to a homeowners association. This ensures a smooth transition for the community and its residents. In this case, the homeowner would be required to pay fees to both the developer’s HOA and the homeowners association.

Finally, some homes may have two HOAs because they are located on land that is governed by two different entities. For example, a home located on a lake may have an HOA for the lakefront community and another HOA for the surrounding area. This can help to ensure that the lakefront community and the surrounding area are both well-maintained.

The implications of having two HOAs for homeowners are that they may have to pay fees to two different organizations, which can be costly. However, it also means that the homeowner will have more localized management, more specific rules and regulations, and a smoother transition in case of a change in management.

In conclusion, it is not uncommon for some homes to have two HOAs. The reason for this could be because the home is located in a sub-community or section, it’s managed by both a developer and homeowners association, or it’s located on land that is governed by two different entities. While having two HOAs may come with additional costs, it also comes with the benefits of more localized management and a smoother transition in case of a change in management.