0
Can a condo assoc allow only 1 condo to be rented and not allow any other to be rented?
Wiki User
∙ 13y ago
The condo association has to adhere to the by-laws. If the by-laws agree to rentals, and condo can be rented. If there is no rental provision, then not even 1 condo can be rented. It's all-or-nothing.
Another Answer
The governing documents, more commonly the CC&Rs and any amendments, can specify a 'rental cap', meaning that a defined number of units can be rented at any one time.
Your governing documents will specify this number of rentals allowed, and your board or property manager can help you discover and understand this guideline.
If your association is small and there are fewer than 10 units, only one rental may be allowed. If, however, your association is larger, a larger number may be permitted.
Lenders review the rental percentage in an association before offering mortgages, and when the rental number is too high, all else being equal, a mortgage may be denied if the rental percentage is too high.
There may also be other factors involved in the rental question in your association.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Can the condo assoc use a barter and place him in the clubhouse if its never used?
Not sure what you mean by a barter, but a condo association generally has a set budget and set types of expenditures, such as keeping up and decorating the clubhouse and other common areas. As long as the barter is not specifically prohibited by the association agreements, and the budget is there, and the association uses the appropriate channels to purchase and install this item, yes, they can.
Can I get an estimated value of Condo?
You can get an estimated value of a condo by comparing other homes that were on sale in order to find a reasonable price for the condo.
How much does the internet cost on the PS3?
The internet costs whatever your provider charges and the only additional charges for the PS3 would be if you rented a wired or wireless router or other equipment to allow a connection
Felony can a Florida condo assoc evict you?
The governing documents spell out the violations for which tenants can be evicted. These sets of violations are unique to each condominium association. Usually, the association will only step in to evict if the tenant consistently violates the CC&Rs, By-Laws, house rules or other governing documents, and the owner has been ineffective in 'controlling' the tenant.
Water is coming in to condo from another condo which homeowner policy should cover?
If it is a covered water loss, you policy will cover it. If they think the other condo owner is liable, they will pursue them to get their money back. If, according to the CCR's, the associations policy covers it, your insurance will pursue the assoc. insurance. If the association's policy says you neighbor is liable, your insurance company will pursue them to get their money and your deductible back. Your best bet, as I have come across this hundreds of times is to have your insurance company cover it and let all three companies sort it out. This will make your life a lot easier. As it will may take months for the other companies to make up their mind and you will have to live in your water damaged home for a long time. CALL YOUR INSURANCE COMPANY ASAP, PLEASE.
Can you rent four-wheel vehicles in Aruba?
Yes, such four wheel vehicles as jeeps can be rented in Aruba.Specifically, the rental prices vary on rented jeeps and other vehicles. The price range depends upon the type of vehicle and how long it needs to be rented. Other factors that influence price are insurance.
How do you get your bear out of your backpack on build a bear ville?
Well, you have to be a V.I.B member. Or go to your condo or any other condo to free your bear from your backpack. I recommend getting a V.I.B membership.
Which countries can Owners Direct holiday homes be rented in?
Owners Direct holiday homes can be rented in a variety of countries in the UK. According to their website, their homes can be rented in France, Ireland, Wales, Spain, and also in the United States. Other countries are listed on their website.
How do you go to other people's condos on buildabearvillecom?
to visit other people condo you have to be there friend or they have selected that everyone can see it
What does an asbestos cancer attorney do?
An asbestos cancer attorney will allow you to get compensation for being diagnosed with Mesothelioma and other forms of cancer from being exposed to asbestos at a job or at a rented home. Their main duty is to get you a settlement from working or living in an unsuitable environment.
What episode of Frasier does Frasier join the condo committee?
There are two episodes of Frasier where Frasier is involved with the condo committee, however I don't think he ever actually managed to get on the condo committee itself. The first is in Season 4, episode 11: Three Days Of The Condo. In that episode Frasier runs against the president of the condo board after she refuses his request to have an antique door knocker. The other is in Season 10, episode 3: Proxy Prexy. In this episode Frasier gets Martin to run for condo board president but using Frasier's ideas.
Where can one find out more information about Disney condo timeshares?
A person can check out the website VacationRentals to find more information on Disney condo timeshares. Other places to look are HomeAway, AllStarVacationHomes, and GoDisneyVacation.
