🏡 What Do You Own in a Homeowners’ Association (HOA)?

When you buy into a Homeowners’ Association, ownership works very differently from Sectional Title – here’s what you need to know:

• Erf and Home – You own the full stand (plot of land) and the buildings on it, such as your house, garage, and private garden. Ownership extends from the boundary walls inward, and you are fully responsible for maintaining and repairing your property.
• Common Property – The HOA owns and maintains only the shared spaces within the estate, such as boundary walls, internal roads, entrance gates, or communal gardens and facilities.
• Levies – Contributions are used to cover shared costs such as access control, estate security, landscaping of communal areas, and other services provided by the HOA. The scope of these duties is defined by the estate’s governing documents (Memorandum of Incorporation or Constitution).
• Insurance – Each owner is responsible for arranging both homeowners’ building insurance (for the structure of their house) and household contents insurance. The HOA does not insure individual homes.💡 Understanding how ownership and responsibilities differ in an HOA helps buyers budget accurately, comply with estate rules, and protect the value of their property.🏠 Need clarity on your HOA responsibilities? Get expert guidance from ANGOR