What type of community do you live in?
There are more than a few type of communities that Ardent Residential serves. Discover below the different types of clients that might be like you.
As qualified professionals in the industry we work to ensure an excellent experience with every Community Association. Plus, we have the Ardent ValueGuard service.
Around 25-27% of the U.S. population—reside in a community association, neighborhood or property association.
That figure is according to the Foundation for Community Association Research. The “Statistical Review: Summary of Key Association Data and Information.” is as recent as late 2021.
Ardent Residential is here to see that your community is in the best hands available.
What Is a Community Association?
First, the designation “Community Association” serves as a broader, umbrella term that encompasses HOAs, condominium communities (COA) and co-op boards.
A homeowner’s association (HOA) is an organization in a subdivision, planned community, or condominium building that makes and enforces rules for the properties and residents.
The communities or neighborhoods can be made up of single-family homes or multiple-unit buildings, like townhouses or condominiums.
Individuals or families who purchase property within an HOA’s jurisdiction automatically become members and are required to pay dues, known as HOA fees. Some associations can be very restrictive about what members can do with their properties.
Who Runs the Association?
An association usually has a “Board of Directors” or governors that are elected to enforce and oversee the Association’s rules and regulations.
An association will typically describe its rules in a document called a Declaration of Covenants, Conditions, and Restrictions (CC&Rs). CC&Rs set certain conditions for owners about the maintenance of their properties.
These conditions sometimes include structural restrictions — the type of fences or landscape allowed — or more minor aesthetic choices, such as the color of paint on a house.
A CC&R document may also outline the penalties for violating the guidelines set forth in the CC&R. The penalties range from fees to forced compliance or even litigation, in some cases.
Why Use Ardent Residential?
HOA / COA board members are normally volunteers, and they may not be properly trained to manage real estate, deal with complex financial issues, or unite a disparate group of people for a common cause.
Because the leadership of HOAs must reach a consensus when they are making decisions about maintenance and upgrades, it is also possible that there may be conflicts among HOA members who disagree.
Ardent Residential assists in managing the HOA’s responsibilities and appropriate real estate laws according to the overriding communities’ State Regulations. And we can do it with diplomacy and grace.
The bottom line, all standards are upheld with the aim of preserving and enhancing the community’s property values.
What Type of Communities Does Ardent Residential Service?
As stated above there are several different type of communities that benefit from Ardent Residential management services.
Here is a representative list:
- Townhome Association
- Condominium Association
- High Rise Property Owner’s Association
- Mid-Rise Homeowner’s Association
- Mixed Use Development
- Declarant Controlled 55+ Senior Living
- Master Planned Community
- Large Scale Community
- Planned Unit Development
- Golf & Country Club Community
- Recreational Association
- Master or Sub Association
- Neighborhood Association
- Community Association
- Civic Association