Commonly known as gated communities, or group housing development schemes.
In the case of a group housing scheme, the formation of a home owners association normally forms part of the municipalities zoning and subdivision requirements. Home owners purchasing individually subdivided residential portions of the scheme automatically become members of the Home Owners Association (HOA) by virtue of their individual properties registered title deed. Adherence to the Home owners associations conduct rules and regulations are legally enforceable.
The HOI becomes the owner and administrator of all the common property within the scheme and is responsible for the upkeep, maintenance, general infrastructure and conduct within the borders of the said community. The individual home owner enjoys the benefits of exclusive full title ownership, but simultaneously becomes part of the community and its resulting benefits. Security, maintenance, infrastructure, roadways, public facilities, legal issues, communal facilities and common property gardens are controlled and all form part of the HOI’s responsibility. Residents are required to contribute towards the Home Owners Association by virtue of a monthly levy or special levy, which is pre-determined at an annual general meeting of members on a yearly basis.
Home owners association or gated communities also, arises on a voluntary basis. Residents form Home Owners Association’s with the best interest of a community at heart. Security, road closures, access control points, walled enclosure, electric fences and legal matters are typically found on the agenda. Communities stand together to provide a better quality of life within the realms of their home environment.