Putnam Realty | Cape Cod Real Estate, Boston Real Estate


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When it comes to homeowner’s associations, you need to know what type yours is before you determine whether to “join” it. There are two types of associations, covenant-based and voluntary. When homeowners ask about requirements to join a homeowner’s association, they may believe it is optional, but if our association is covenant-based, you have automatic membership by virtue of being a property owner.

Here’s How They Work

A voluntary association is a group of property owners that collectively decide how to improve their neighborhood. By the time you move into the neighborhood, the HOA may be well-established, so you’re not aware of how it started. Such HOAs are more similar to neighborhood improvement clubs, local sports team sponsors and other folks that join in order to develop a sense of community.

A covenant-based HOA is a contract that is part of the land purchase agreement within a development. That means that all property owners automatically must retain membership and that agreement is binding on all future owners within the specified development.

Future Owners

You might question how a contract is binding on future owners, but in the case of a covenant-based homeowner’s association, the covenant “runs with” the property as recorded in the county land records office. The document that spells out the covenants attaches to the property deed. When you buy a lot or home in the development, the original deed and any liens or covenants that attach to it become your responsibility.

Often, the original developer set up and controlled the association until the last piece of land sold or a sufficient number of homes sold so that the running of the association could transfer to the owners. Typically, these determinations are part of the original covenant documents filed with the county records. HOAs run by a board of elected owners from within the development. Unlike a voluntary association, renters or leaseholders cannot become members even though they are bound by the rules and conditions of the association.

Know Which Type It Is

Before you choose to purchase a home in a neighborhood with an association, learn whether it is voluntary or covenant-based. Ask to see copies of the covenants, conditions and rules (CC&Rs) before you commit to purchasing in that development. Your real estate agent can write a contingency into your purchase contract to require approval of the CC&Rs if you’re concerned about living within the HOA.


This Single-Family in Falmouth, MA recently sold for $620,000. This Cape style home was sold by Office East Falmouth - Putnam Realty.


27 Faith's Way, Falmouth, MA 02536

East Falmouth

Single-Family

$645,000
Price
$620,000
Sale Price

11
Rooms
4
Beds
2/1
Full/Half Baths
This is a 4 bedroom new home with a 2 car garage. Gleaming oak floors throughout the first floor. Gas fireplace in the spacious open living room. Our design features first floor living with a private Master Bedroom on first floor, and a half bath with laundry. With 3 Large bedrooms on the second floor plus a Loft. There is even more space with the 4 season Sun-room off the Kitchen with cathedral ceiling and Oak flooring. A short bike ride or a 5 minute drive to Menahaunt Beach, one of Falmouth's Premier Beaches! To Be built in this new Subdivision! Only 7 Lots left out of 20!!

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36 Faiths way, Falmouth, MA 02536

East Falmouth

Single-Family

$589,000
Price

6
Rooms
3
Beds
2
Baths
Located in the East Falmouth, this 3 bedroom, 2 full baths has first floor living. 21x30 Open kitchen, dining and living room, with cathedral ceiling and Gas Fireplace. You can't buy existing with, the energy efficiency and extras that are standard in our homes! Granite mail box posts, cobble stone apron at end of diveways. There are 3ft wide interior doors for easy access. 5 months start to finish, choose your interior decor. The lowest priced New Homes in Falmouth!! This is truely the best deal out there.
Open House
No scheduled Open Houses

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Lot 16 Faith's Way, Falmouth, MA 02536

East Falmouth

Single-Family

$659,000
Price

8
Rooms
3
Beds
2
Baths
Who wants a master bedroom with a 10x10 walking closet? Well this 3 bedroom new home with a 2 car garage has it. Gleaming oak floors throughout the first floor. Gas fireplace in the spacious open living room with cathedral ceilings. Our design features first floor living with a private Master Bedroom with a private bath. The master bath can have a tiled 5'x 3' shower for additional cost, features a cathedral ceiling with a double vanity. The laundry is located on the first floor, and a large pantry closet as well. There is even more space with the 4 season Sun-room off the Kitchen with cathedral ceiling and Oak flooring. This home has a full walkout basement, that could be finished with either a family room or 4th bedroomfor additional cost. With lots of sun on your back deck, you'll love this oversized lot. A short bike ride or a 5 minute drive to Menahaunt Beach, one of Falmouth's Premier Beaches! Only 4 lots left !
Open House
No scheduled Open Houses

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Lot 6 Faith's Way, Falmouth, MA 02536

East Falmouth

Single-Family

$659,000
Price

8
Rooms
3
Beds
2
Baths
Who wants a master bedroom with a 10x10 walking closet? Well this 3 bedroom new home with a 2 car garage has it. Gleaming oak floors throughout the first floor. Gas fireplace in the spacious open living room with cathedral ceilings. Our design features first floor living with a private Master Bedroom with a private bath. The master bath can have a tiled 5'x 3' shower for additional cost, features a cathedral ceiling with a double vanity. The laundry is located on the first floor, and a large pantry closet as well. There is even more space with the 4 season Sun-room off the Kitchen with cathedral ceiling and Oak flooring. This home has a full walkout basement, that could be finished with either a family room or 4th bedroomfor additional cost. With views of cranberry bogs, and no one can build behind you. A short bike ride or a 5 minute drive to Menahaunt Beach, one of Falmouth's Premier Beaches! Ready for occupancy early July in this new Subdivision!
Open House
No scheduled Open Houses

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