DonnaS (Tennessee)
Posts: 5,671
Posts: 5,671
Posted:
Hi Everyone,
Our Board of Directors is trying to amend our Protective Covenants to ban all rentals except for an "owners hardship" classification. We are a 55+ community of 230 homes in Palm City Florida. We currently have 4 rented units in the developement and all are elderly, causing no problems.
The proposed amendment is reading that no owner can rent out their unit except if they are granted a "Hardsip" status. Hardship is not being defined and is very interpitable by different people. As the Board members change, so do their ideas of what constitutes a "Hardship" Favortism also can play a part in this granting of an exemption from renting.
Does anyone know of another community that uses this kind of vague system? The rental issues are hot topics in Florida where a great deal of our seasonal population does rent.
Donna