Homeowner associations are the foundation of well-managed communities that protect the value of the members' homes. All property owners become members of the HOA upon purchase of property in the Association and are legally bound by the governing documents. Covenants, Conditions & Restrictions (CC&Rs) set forth the rights, duties and obligations of individual property owners and the Board of Directors. Think of them as the operating manual for the maintenance of your home's exterior and everyone else's in the neighborhood.