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Yes.
However, in order to limit rentals, the association must be able to refer to its governing documents, which in this case probably includes a board resolution regarding rentals. If you want to rent your 'unit', and your board disallows your request, you can request proof of their right to refuse your request.
There are solid reasons why an association bans or limits rentals. Some lenders will not offer monies to a prospective buyer if the rental-to-owner-occupied units is too high. Fannie Mae and Freddie Mac have vacillated recently over the percentage, but a good rule of thumb is about 25% of the units as rentals.
Finally, rentals are not popular in association communities because some boards fail to manage the expectations of renters, and issue violations to owners who rent to tenants who don't follow the community guidelines.
Best practices indicate that boards can effectively ratchet up the 'value of renters' when renters are required to live in the community just like owners, but without the right to vote. Here are a few tips about how this can be done. Require from owners who rent:
- Proof of a background check
- Proof of a credit check
- Signed contract from an owner that if the tenant doesn't pay rent, the owner can still pay assessments
- Signed contract with the renter that the renter has read the governing documents and agrees to live in the community like an owner (owner bears expense of copies given to renter)
- Clear, short list of potential violations, especially those that are grounds for eviction
- Copy of the lease between the owner and the tenant
Then, the association includes all residents in community situations, from taking turns wheeling recycle bins to the curb to community picnics.
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∙ 13y ago
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Can a homeowner association ban pets?
Yes. You should review the Declaration of Restrictive Covenants and the Rules and Regulations that were in force when you purchased your property. Rules regarding pets should be set forth in those documents.
How long can a ban from a businesses property last?
As long as they want it to.
How was plantation owners able to hold such power and control over their slaves?
weapons ban
How do you write a letter to ban a patron from your hotel property?
Go away
What group lobbied to let the Federal Assault Weapons Ban expire without renewal?
The group that lobbied to let the Federal Assault Weapons ban expire without renewal was the National Rife Association. President Bush let the ban expire.
Can the police arrest someone in a church?
It depends on local state law. Very generally speaking, police officers can carry anywhere, but in some states, owners or managers of any property can ban handguns if they choose.Another View: Sworn law enforcement officers, on duty, can carry their weapons ANYWHERE in their jurisdiction regardless of what rules property owners or managers may prefer.
Why would slave owners ban the dancing of their slaves?
they shouldn't waste their time dancing rather than working
Is tobacco banned in some states?
No.Added: There are no state laws that absolutely ban tobacco products, however individual municipalities within the state can exercise local option to do so, and in some states, have done so. In addition, some owners of commercial private property have instituted smoking bans within their facilities or property that have been upheld by the courts.
Can my landlord tell me my family can't be on the property?
Yes. There are numerous reasons your landlord can ban your family from rental property depending on the circumstances and the reason for the ban.Examples:Your original rental agreement may be for occupancy by a certain number of people and the landlord can refuse to allow any others to move in with you.Your landlord can ban your family members from the property if complaints have been made regarding their conduct by other residents at the premises.Your landlord can ban your family members from the property if they have caused disturbances, caused damage or have criminal records.
Is it legal to implement or ban smoking on private property out doors and in your own vehicle at the work place?
no it is not legal
Can you smoke in the house of parliament?
I THINK YOU CAN THEY GOT OUT OF IT BY SAYING BECAUSE IT WAS CROWN PROPERTY THE BAN WOULDNT COVER IT
Your staffordshire terrier attacked another dog will he get put down?
yes but only if you live in Ontario where the ban is or if the owners of the other dog that yours has attacked and the owners wish for your dog to be put down then yes.
