HOA and CDD

What is the HOA and CDD?

The HOA stands for HOMEOWNERS ASSOCIATION they enforce the Deed Restrictions. They do not take care of the common areas, ponds, community pool or playground.
The Board consist of 9 board members who are residents from the community and a Property Manager hired by the HOA Board. A new board is voted on in January for a 1 year term. Every homeowner in Eastlake Oaks is a member of the HOA.

The CDD stands for COMMUNITY DEVELOPMENT DISTRICT. They take care of the infrastructure (such as the boundary walls, irrigation system on the common areas) and the common areas, the community pool and playground.
The Board consist of 5 superviors ( residents from the community)and a District Manager. The terms are 4 and 2 years.

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Eastlake Oaks is a Deed Restricted Community. The Deed Restrictions are laid out in a document titled " Declaration of Covenants, Conditions and Restrictions for Eastlake Oaks".

By Buying a home in Eastlake Oaks you agreed to abide by the deed restrictions.

Benefits to living in a deed restricted community:

1. Being able to sell your home for a higher selling price.
(The Eastlake Oaks home have increased in value)

2. Having some assurance that the neighborhood will remain pleasing to the eye.

3. Protection of the financial equity in your home and property.

WHAT MAKES A GOOD HOA?

1. Communication
2. A Board that responds to residents concerns.
3. Residents need to be approached for their opinions.
4. Residents who show concern for the associaiton.
5. Residents need to get involved a lack of interest opens the door to neglect.

I'd like to say thanks to Karen Casey - Cave. Here is what she said about the website.

I just wanted to let you know what a wonderful community service your website provides. I am a Realtor who is in the process of negotiating a contract on my third listing in Eastlake Oaks.

To forward the website information to a prospective Buyer and Buyers Agent is a very professional and informative way to do business. Many people are confused about the CDD program and your website makes it so easy to understand.

Thanking you again,

Karen Casey-Cave

Re/Max Today

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by Elizabeth Valencia