Limiting Number of Owned Homes in California HOAs

Question:

CAN AN HOA IN CALIFORNIA LIMIT THE NUMBER OF HOMES OWNED BY ONE OWNER (i.e., LLC’s buying up properties in senior communities with the intent to rent)? This would have nothing to do with whether the “CC&R’s rental limit was reached. Two separate CC&R clauses.

– Shawnee

 

Answer:

Hi Shawnee,

Yes, an HOA in California can limit the number of homes or lots that can be owned by one person or entity, provided it is written in the CC&Rs. This is a common restriction to prevent investors from buying too many homes or lots in a development.

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