Community Association Strategies to Deal with Renters

Here is a great article with suggestions on how a community association can deal with renters.  With mortgage foreclosures at record highs, rentals have increased in many neighborhoods.
 

What did you think of this article?




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Comments

  • 1/27/2009 6:42 AM Robertson wrote:
    I would like to see how this is working out.
    Second, IMHO this article deals more with how an owner that rents should protect himself.
    I thought the point was to keep the association from being involved in the Rental Business. The management or BOD has no business involved in any way with rental business. Also consider short term rentals, we are talking condos. Owners that rent are turning some condos into nothing but uncontrolled motels. How about putting up a short term rental policy for SC?

    Reply to this
    1. 2/1/2009 10:08 PM Ryan McCabe wrote:
      Each community association has different needs and goals.  Some community associations believe that it is best to limit the number of units being occupied by renters.  Others do not.  The article takes your point.  Remember, it is in both the community and owners best interest to take actions the improve the community and keep property values up.

       This site and any information contained herein is intended for informational purposes only and should not be construed as legal advice. Seek a competent attorney for advice on any legal matter.

      Reply to this
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