HOAs in Summit County
Most condominiums and many townhome communities in Summit County have homeowners associations. Understanding HOA rules and finances is crucial before purchasing.
What HOAs Cover
Common Area Maintenance
- Snow removal
- Landscaping
- Building exterior maintenance
- Parking lot maintenance
Shared Amenities
- Swimming pools and hot tubs
- Fitness centers
- Clubhouses
- Tennis courts
Insurance
- Building exterior insurance
- Common area liability
- Directors and officers coverage
Questions to Ask
- What are current monthly dues?
- Are there any special assessments planned?
- What are the reserve fund levels?
- Are there rental restrictions?
- What are the pet policies?
- What parking is included?
Red Flags to Watch For
- Low reserve funds
- History of special assessments
- High percentage of delinquent owners
- Ongoing litigation
- Deferred maintenance
Rental Restrictions
If planning to rent your property:
- Minimum rental periods
- Caps on rental units
- Required property management
- Guest policies