Why should you want to join a resident-owned neighborhood community? This is a critical question for any potential buyer for three reasons. First of all, when you decide to buy in The Meadows, you are not only purchasing the house but also the land it sits on. That is already a significant perk because all of our residents own their lot; therefore there’s no lot rental fee to pay.
Secondly, lot ownership means you have to follow the covenants of The Meadows of Astatula Homeowner’s Association (MOA-HOA), which owns, maintains and operates the roads, the sewer system, the water system, the pool & clubhouse within the community. That means you have more control over your home and the neighborhood’s maintenance. It is advised you read these covenants over and understand them before you decide to buy your lot and land.
Lastly, it’s important to know that covenant forbids lot-owners from renting out units. Their homeowners must occupy the homes they own. This way, owners are fully invested in the quality of the community. This is a huge benefit for people who want to live in a community where you won’t have to deal with a new neighbor moving in and out every year. Which forms the full meaning of the term: “Resident Owned Community”.
Learn more here about our beautiful and peaceful resident owned community in Astatula, Florida.