Covenants, Conditions, and Restrictions (CC&R’s)
As a Realtor® I follow rules so I can see the value of Covenants, Conditions, and Restrictions (CC&R) initiated by a homeowners association, builder or developer. As the document that dictates how the association operates, and the rules owners must obey, the single-minded conformity makes sense to me. When properly enforced they can help a neighborhood or community from becoming run down and from having unsightly houses or yards.
I make sure every buyer gets a copy of the CC&R before we make an offer so they understand the rules and policies of the prospective subdivision. I’ve yet to lose a deal by providing a CC&R but realize there’s the possibility it could be a deal breaker for some families. I prefer to err on the side of caution and let buyers know these important details upfront.
While I believe most people like their neighborhoods to be neat, clean, and tidy, many do not like to be told how/when to cut their grass, whether they can park on the road, have trailers, boats, or RVs in the driveway, paint a particular color, or even have a basketball hoop visible from the road. To each their own; CC&R neighborhoods aren’t ideal for everybody.
For some buyers, CC&R’s invoke feelings of rebellion so I always recommend we move on to a different area when that occurs. If the buyer is uncomfortable, their experience will be unsatisfactory, they will not be happy in their new home, and I will potentially lose future/follow-up business.
For those that are orderly, want things in their place, and don’t mind rules, CC&R’s are a blessing. For others the freedom to do what they want to do on their own property when/how they want to do it has appeal. I get it…It’s all about choices. Isn’t it satisfying that as real estate agents we have the opportunity to help people find the home of their dreams…on their own terms?!