Many buyers are drawn to properties without Homeowners Associations (HOAs), assuming they have no restrictions. However, this can lead to surprises during closing. As a closing attorney, I always ask clients about potential restrictions because the absence of an HOA doesn’t mean “completely unrestricted” property use.
In reality, most properties have restrictions imposed by developers or prior owners, covering aspects like house size or business operations. These restrictions cannot be discriminatory. Before making an offer, it’s wise to review property restrictions, usually available through a real estate agent, to avoid surprises.
