Can a Condo in NM Ask for Lease Agreement?

Question:

How much control does the board of an HOA have over the condo owners? Can they require a copy of the lease agreement between a condo owner and a tenant? Can they demand first month’s rent, last month’s rent and a deposit be taken before keys are given to tenant? Can they demand to know how many people will be living in the condo? Seems excessive.

– Lasses

 

Answer:

Hi Lasses,

It depends on your condo’s governing documents. Check your CC&Rs and bylaws to see if your association can enforce these requirements. It isn’t uncommon practice, though, for an association to ask for a copy of the lease and impose other requirements as part of its rental policy.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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