Question:
Our HOA has just adopted a 30% cap on rentals which was an easy decision. There is major conflict about if we should make a limit to how long homeowners are allowed to rent their places out. The concern is that if we don’t have a limit and we have a list of people who want to rent, the current people renting may always rent out their places and the others won’t get a chance. Is there any guidance available on an issue like this?
– Anna
Answer:
Hi Anna,
It may be wise to conduct a survey of the members, understand their concerns and priorities, and come to an agreeable solution. The HOA may consider potential compromises or flexible conditions like adding a rule that limits rental duration with exceptions or allowances for specific circumstances. This can ensure that everyone feels heard and satisfied. It’s also best to consult a lawyer to ensure legal compliance and avoid potential liability.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
