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In a word, no.
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The association that operates the community, however, is a business, and may dictate your ability to rent, the covenants, limitations, restrictions and so forth that you must impose on any tenant, and otherwise apply business-like guidelines to your rental situation.
Your board can guide you and help you most fully understand your obligations as an owner, and those of your tenant, when you rent your condominium.
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How many condo owners?
In most communities, the majority of residents in condos are owners. There are some rental units, but for the most part the people that own the condo also live in it.
Do you have to be an agent to rent a condo Florida?
If you rent out a condominium that you own, you do not need to be an agent. However, if you want to act as a rental agent to rent condominiums that you do not own to prospective tenants, you may get more business if you are a licensed real estate agent. A local realtor can show you where to find the answer you want in Florida state law.
Do condo owners need home owners insurance?
Yes, if you own the property you need to insure it in case it catches fire etc. You need to do this whether you live in it or rent it out. If you live in it yourself you should also add contents insurance for your furnishings etc.If you rent it then all you need to do is insure the contents (which are yours or you are responsible for) not the property itself.
Can a person get Section 8 for a condo instead of a traditional house?
Only if the condo is listed as Section 8 approved. HUD has to either own the property or have an agreement with the owner to do the subsidizing on the rent for you. Yes, a person can get a Section 8 condo to reside in. When researching condos for rent, ask the owner if Section 8 vouchers are excepted for payment.
How to break up a relationship while living together in my condo?
If the condo is in your name only and your partner has not been paying the rent (or you may own it) you can simply ask them to leave. If they refuse you can call the police and have them removed.
Can you rent a condo?
If you own a condominium, you may be able to rent it, depending on your governing documents. Your board or association manager can help you follow the process defined there. If you are a tenant looking for a situation, a condominium may be an option. A local realtor can help you.
If you live in a second floor condo and there is a water leak that causes damage who is responsible?
If you live in a second floor condo and you rent the condo, the leak that causes damage is the responsibility of the owner of the building. If you own the condo, the leak is the responsibility of the owner of the condo with the leak.
Do California condo owners pay property taxes?
Yes. Just as you would pay property taxes on any property that you own.
What would it cost to rent a condo Lake Chapala or in other areas of Mexico where Americans winter?
There are several ways to rent or buy a condo in Lake Chapala. If you want to visit for a month you can find an apartment to rent anywhere from $600 - $1000 USD a month. There is currently a development that offers Condos as a "Fractional Ownership" starting at $30,000 USD. What this means is you can buy a 2,3,4 month... fraction of a condo and own it for that period of time, titles to your name. Here is an example of a condo available in Ajijic based on Fractional ownership
Does sentry offer home owners insurance?
Sentry insurance offers a range of policies to cover your home and business's insurance needs. They do provide home owners insurance, as well as options for people who own condominiums and those who rent their apartment or home.
How do you delete my profile from Shtyle.FM?
I own a condo but the people who live there refuse to move out i got a letter from my lawyey that they must leave at the end of the month but i dont think they will leave they pay there rent evey month but i want to sell the condo .What can i do.
How the slaves were transferred to different owners?
many means were used: Trade, rent, stolen, and own wills.
