Non Rentals

Started by DonnaS • 3 replies • 4687 views

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DonnaS (Tennessee)
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

LisaS (Illinois)
Posts: 341

Posted:

In most cases, an ammendment of this nature requires a membership vote and not just a Board vote. It's ofetn very difficult to get a quorum for changes like this.

My in-laws are in a similar situation in Illinois. My father in law is on the Board of their HOA( they have neighborhood as well as master association). His area is single family, others include townhouses and codos. They were not able to get the restriction passed. The consensus was that although you may not want to rent today, what about tommorrow?

hoatalk (California)
Posts: 599

Posted:

You may also want to have a look at this related post:

http://www.hoatalk.com/Forum/tabid/55/view/topic/forumid/1/postid/13/Default.aspx

(Tip: Paste the web address, above, into your browser address field and press Enter.)

You can also just search the forum for rentals and you will find the post called: "Changing cc&r's and bylaws"

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