Arizona Home Owner Associations

In your quest to locate the "perfect" home, you will likely encounter subdivisions and communities that have Home Owner Associations.  Home Owner Associations (HOA's) are typically non-profit corporations and are recognized as such by the State of Arizona.  The purpose of these corporations is to provide continuity, uniformity, and maintain property values within a community and/or subdivision through the use of governing documents which are Codes, Covenants and Restrictions or CC&R's.

The CC&R's (Codes, Covenants & Restrictions) within a subdivision/community may include: parking restrictions, pet restrictions, and may limit the number of inhabitants or regulate the length of time for visitors within a particular home. Building color, landscaping design, common area rules and homeowner/association responsibilities are often also addressed.

You will receive a copy of the CC&R's, By-laws, Articles of Incorporation, Architectural Guidelines, financial documentation, etc., if the home of your choice is located in a community governed by a home owner association during  the 10-day inspection period or escrow period as provided in the Purchase Contract.  All documents must be read thoroughly to determine if the association is in good financial health, and if any of the guidelines will interfere with your lifestyle (e.g. looming special assessment, no on-street or driveway parking - your truck will not fit in the garage).  At close of escrow  you will acknowledge receipt of the CC&R's (and accompanying documents,) and evidence by signature your agreement to abide and uphold the rules of the community.


When you become an owner of the home, you also become a member of the corporation which is the home owner association.

Home Owner Association (HOA) dues and/or fees are collected on a monthly, quarterly, semi-annual or annual basis.  These dues/fees are not part of your monthly mortgage payment.  They are in addition to it. 


Equally important?  Payments are not optional!  Home owner associations can enforce the right to collect outstanding balances upon home owners according to the governing documents of the community.





Arbor Realty


Karen Peyton, Associate Broker

"Because someday begins today."