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Home / Tips & Guides for New Home Buyers / HOAs (Homeowners’ Associations) Explained

HOAs (Homeowners’ Associations) Explained

A HOA (short for Homeowners’ Association) is a non-profit group that enforces standards and guidelines for the community. Every homeowner is automatically a member of the HOA.

HOA fees pay for maintenance of amenities like:

  • Constructed wetlands and stormwater management facilities 
  • Wood screen fencing on major roadways and walkways
  • Entry treatments, landscape features, fountains, and boulevards
  • Additional items at the discretion of the Homeowners’ Association

The HOA will become active when:

  • It is approximately one year before substantial completion of the entire development
  • Enough individuals have signed up (via the developer) to volunteer for the board
  • The community has voted to elect the Board of Directors from the volunteers

Payment of HOA fees:

  • One payment at the time of lot purchase (held in trust until the HOA is active)
  • Annual payment once the HOA is active
  • Homeowners cannot opt out of HOA payments (an encumbrance is registered on the title of every lot ensuring that all property owners are obligated to pay)


Sign up for future HOA volunteer positions


COMMERCIAL PARCEL FOR SALE – 14.65 Acres in West Edmonton

January 6, 2021 By MLC Blogger

Parcel is located within the Riverview Neighbourhood, just south of Anthony Henday Drive and west of Maskêkosihk Continue Reading

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COMMERCIAL PARCEL FOR SALE – 14.65 Acres in West Edmonton

Parcel is located within the Riverview Neighbourhood, just south of Anthony Continue Reading

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