Residential Estate Industry Journal 5 | Page 38

WHY WE HAVE RULES Rules are the basis for ensuring a harmonious lifestyle for residents in a residential community Thesen Islands All institutions in the world have rules and regulations that Management rules, rules for the security and safety of the govern the operation, use and participation in that institution. community, aesthetic guidelines, rules pertaining to the Residents living outside a residential estate are governed use of facilities and common areas, environmental rules by municipal laws relating to noise, the keeping of animals, and, of course, conduct rules are important to all members the use of estate agent boards, the driving of vehicles in the of a residential community. If these rules are clearly suburb, etc. Hospitals, libraries, universities, golf courses, communicated, properly stated and lawful, there is no reason sports clubs, airports and shopping centres have rules and why most if not all members of the HOA will buy into these regulations too, and residential estates are no different. as an integral component of community living. Rules and regulations approved by the members of a Management rules homeowners association (HOA) are also designed to govern the activities of the residential community, and are always intended to serve the best interests of the whole community It is important for all members and residents to know how the rather than individuals or groups of individuals in the company, in this case t