Living in a deed
restricted community
A deed restricted community is where the
community has a homeowner association that has rules and regulations pertaining
to the use of land and the look of the neighborhood. Usually it is initiated by
the developer. Most deed restricted communities require a homeowner association
fee to continue the upkeep of the community.
Each deed restricted community has
different rules. Deed restrictions can include the size of home allowed on the
lot, paint colors for the exterior of the home, as well as lawn maintenance,
landscaping, and some even regulate tree-cutting. Some communities do not allow
the storage of campers, trailers, or cars that don't run or vehicles with
company names or logos on them. They can dictate what types of materials a
fence can be made out of, or even not allow fences at all. Another restriction
might be regarding pets. Some will only allow one pet or limit the breed and
size of the pet. Building additional structures on the lot such as a shed or
gazebo can also be restricted.
Some of the benefits of living in a deed
restricted community are that amenities are often included. These can be
anything from golfing, use of swimming pool, tennis courts, a fitness center,
or even a club house. These amenities are owned by the members of the community
and are common ground. Another benefit is that communities with deed
restrictions maintain their value and are more desirable to potential buyers.
It is important to be aware of the deed restrictions on a
property before making an offer. If you are thinking of buying a home in a deed
restricted community, you will want to get a copy of the deed restrictions
before you buy and read it over carefully. These can either be obtained from
the seller or directly from the homeowner association.