Declarations of Division vs. House Rules: Differences and How They Work
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Declarations of Division vs. House Rules: Differences and How They Work

ByFloris van Kuijeren

When dealing with apartments and Homeowners’ Associations (HOAs), two key documents often come up: the declaration of division and house rules. While both outline regulations, they serve different purposes and have different legal statuses. What is a declaration of division? The declaration is part of the deed of division and includes: This document is legally…

How to Inform Buyers About an HOA’s Financial Health?
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How to Inform Buyers About an HOA’s Financial Health?

ByFloris van Kuijeren

The financial health of a Homeowners’ Association (HOA) is a critical factor when purchasing an apartment. A strong HOA ensures proper maintenance and minimizes unexpected costs. How can agents effectively inform buyers about this? Key Financial Aspects of an HOA Documents to Review How to Inform Buyers Practical Tip Encourage buyers to consider a structural…