"WHAT IS A HOMEOWNERS' ASSOCIATION
AND WHAT DO I GET FOR MY ANNUAL DUES?"
An excellent question for those who have never owned property in a private subdivision and one often misunderstood by those who have.
A homeowners association (HOA) is very much like the town government of a small city, only this "city" is a community, privately owned by like-minded people seeking a quality living environment. Such a community will develop its own unique rules called
protective covenants. Such rules are said to "run with the land."
Their purpose is to preserve the quality of life and the standards set forth by the community's developer.
The HOA works to ensure adherence to the "covenants" - in addition to it's management duties.
The Properties at Grandview are poised to be one of the premier single family residences on Horseshoe Bend. To meet this expectation, quality administration, management, and maintenance of GrandView are essential.
A professional HOA management firm, coupled with an adequate budget can assure this positioning. U.S. Resort Management, Inc., as agent for The GrandView HOA,
will collect annual assessments which will then be used to provide each property owner with the following services:
q
24-hour access to HOA management
q Road maintenance and snow removal for common areas and private roads and parking
q
Maintenance and cleaning of all common HOA facilities
q Landscaping and grounds care of all common areas
q
Enforcement of GrandView's Restrictive Covenants and Rules and Regulations
q General Administration
n
Owner services, publications, welcome packages, government
n Business affairs
n
Accounting (budgeting, billing, collection, accounts payable, record keeping,
insurance, financial statements and tax preparation)
q Facilities management
n Clubhouse and Activity Center (once turned over by the developer)
n Swimming pool with patio/lounge area
n Basketball court