<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">

Can condo association board give me a break on owner occupancy?

CondoAssociation.com on Fri, Oct 30, 2009 @ 07:57 AM


How can a condo association enforce owner occupancy requirements in today's economic circumstances?

Owners may need to go else where to seek employment so they can pay their mortgage and condo fees. I personally relocated with my job and I am unable to sell the condo because the value has depreciated to less than 50% of what I owe on the mortgage. My complex has a huge rate of foreclosures as well.

Can the condo board force me to quit my job out of state and return to my condo to find a new job becaue they may not approve my Mother to occupy the condo for me? This is so silly, this owner occupany requirement is doing more harm than good.

Are you part of our new community?                    Register now!
Free HOA or Condo Association Loan Consultation

Posts by Topic

see all