Learn how voluntary HOAs differ from mandatory HOAs and the advantages and disadvantages of participating in one.
While participation in an HOA is the norm, some communities offer optional memberships known as voluntary HOAs.
This means homeowners can choose whether or not to join the association and pay any associated dues or fees.
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This guide looks at the major differences between mandatory and voluntary HOAs, according to experts.
Members can take advantage of those features and must follow certain community guidelines in exchange.
Other types of HOAs have voluntary membership for all members, regardless of when they joined the community.
Another perk for not joining an HOA is not having to pay the fees required to run that HOA.
This allows for a more relaxed atmosphere within the community compared to mandatory HOAs.
In addition, fees are different.
In a voluntary HOA, decision-making often involves a more collaborative and democratic approach, Buskuhl says.
Downsides of Voluntary HOAs
There can be drawbacks as well.
Buskuhl points out that voluntary HOAs sometimes feel less organized than their mandatory counterparts.
Another challenge may arise if only a small percentage of homeowners choose to join the voluntary HOA.
Also, consider factors such as fees, responsibilities, and potential benefits of membership, Buskuhl adds.