The Charlotte HOA Company Metropolitan Area has been growing quickly in recent years, as have the housing communities in the area. Today, the Charlotte area is home to more than 775,000 people, making it the 17th largest city in the United States. WM Douglas is a HOA management company that specializes in mixed-use and residential communities in Charlotte, NC and SC.
HOW DO I KNOW MORE ABOUT HOA?
An HOA community will typically maintain a reserve fund for repairs and maintenance. Often, this reserve fund contains hundreds or even millions of dollars. Regardless of the size of your reserve fund, you should be aware of any pending assessments and lawsuits. To avoid surprises, make sure that your HOA maintains a healthy reserve fund.
If you live in a community with an HOA, be aware of your covenants and understand your obligations. By reading the HOA’s Covenants, Conditions, and Restrictions (CC&Rs), you’ll know your rights and responsibilities. For instance, a Covenants, Conditions, and Restrictions document will specify what color paint your home needs to be, whether you can renovate your home, and whether or not you can have pets in your neighborhood.
There are several agencies that can assist you with your HOA disputes. You can check out the Dispute Resolution Commission and the Mediation Network of North Carolina for more information. You can also contact the North Carolina State Bar for legal help.