Home › Forums › Closed Forums › Properties or Areas › Santaluz – Current Market Conditions
- This topic has 215 replies, 21 voices, and was last updated 14 years, 8 months ago by
Echoooo.
-
AuthorPosts
-
September 13, 2010 at 7:30 PM #605451September 13, 2010 at 8:22 PM #604404
bearishgurl
Participant[quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA). If the residents of the HOA have taken it over from its developer and its existing bylaws state all lot owners have a mandatory membership, you will be required to pay the HOA dues, whether or not you live there. You, as an landowner within the Association, are free to use the facilities of the HOA if you are a member, whether or not your lot is developed.
Disclaimer: I am not an attorney and this post does not constitute legal advice.
September 13, 2010 at 8:22 PM #604492Participant[quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA). If the residents of the HOA have taken it over from its developer and its existing bylaws state all lot owners have a mandatory membership, you will be required to pay the HOA dues, whether or not you live there. You, as an landowner within the Association, are free to use the facilities of the HOA if you are a member, whether or not your lot is developed.
Disclaimer: I am not an attorney and this post does not constitute legal advice.
September 13, 2010 at 8:22 PM #605042Participant[quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA). If the residents of the HOA have taken it over from its developer and its existing bylaws state all lot owners have a mandatory membership, you will be required to pay the HOA dues, whether or not you live there. You, as an landowner within the Association, are free to use the facilities of the HOA if you are a member, whether or not your lot is developed.
Disclaimer: I am not an attorney and this post does not constitute legal advice.
September 13, 2010 at 8:22 PM #605149Participant[quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA). If the residents of the HOA have taken it over from its developer and its existing bylaws state all lot owners have a mandatory membership, you will be required to pay the HOA dues, whether or not you live there. You, as an landowner within the Association, are free to use the facilities of the HOA if you are a member, whether or not your lot is developed.
Disclaimer: I am not an attorney and this post does not constitute legal advice.
September 13, 2010 at 8:22 PM #605466Participant[quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA). If the residents of the HOA have taken it over from its developer and its existing bylaws state all lot owners have a mandatory membership, you will be required to pay the HOA dues, whether or not you live there. You, as an landowner within the Association, are free to use the facilities of the HOA if you are a member, whether or not your lot is developed.
Disclaimer: I am not an attorney and this post does not constitute legal advice.
September 13, 2010 at 10:04 PM #604414HomeShopping
Participantbearishgurl, thank you for the answer. Will have to think twice about buying a lot and holding it.
September 13, 2010 at 10:04 PM #604502Participantbearishgurl, thank you for the answer. Will have to think twice about buying a lot and holding it.
September 13, 2010 at 10:04 PM #605052Participantbearishgurl, thank you for the answer. Will have to think twice about buying a lot and holding it.
September 13, 2010 at 10:04 PM #605159Participantbearishgurl, thank you for the answer. Will have to think twice about buying a lot and holding it.
September 13, 2010 at 10:04 PM #605476Participantbearishgurl, thank you for the answer. Will have to think twice about buying a lot and holding it.
September 14, 2010 at 2:15 PM #604648permabear
Participant[quote=bearishgurl][quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA).[/quote]
Don’t forget the Mello-Roos too – have to pay those from year 1 (and property taxes).
September 14, 2010 at 2:15 PM #604737Participant[quote=bearishgurl][quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA).[/quote]
Don’t forget the Mello-Roos too – have to pay those from year 1 (and property taxes).
September 14, 2010 at 2:15 PM #605287Participant[quote=bearishgurl][quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA).[/quote]
Don’t forget the Mello-Roos too – have to pay those from year 1 (and property taxes).
September 14, 2010 at 2:15 PM #605394Participant[quote=bearishgurl][quote=HomeShopping]I have seen several lots in Santaluz that I like, for the right price. Does anyone know whether you have to pay HOA dues on an empty lot? If I were to buy, I may not build for a few years. I understand that one has to pay property taxes on lots.[/quote]
HomeShopping, in CA, Covenants, Conditions and Restrictions (CC&R’s) are tied to the land. They will appear on the title of your lot. You will agree to them implicitly upon taking title of the lot. These CC&R’s become the underlying basis for mandatory membership in a Homeowner’s Assn (HOA).[/quote]
Don’t forget the Mello-Roos too – have to pay those from year 1 (and property taxes).
-
AuthorPosts
- The forum ‘Properties or Areas’ is closed to new topics and replies.
