Houtan Hormozian explains what CC&Rs are and how HOA rules can restrict pets, renovations, and rentals. Review these documents before buying a condo, since they shape what you can and cannot do with your property.
Last time we talked about what the HOA fees cover. Today, let's talk about the rules and regulations. Every condominium community operates under a set of rules, commonly referred to as the CC&Rs— covenants, conditions, and restrictions. These rules can impact important aspects of your lifestyle— if pets are allowed, what types of renovations are permitted, or if you're allowed to rent your unit in the future. I always recommend a thorough review of these documents before making a commitment to purchase. Watch my next video as we talk about the HOA's financials. Feel free to call me or send me your questions here.
