Can condos be inspected on annual basis to make sure they are not being trashed? Florida owner and renter condo.
I bought a condo unit in a Florida Condo Association 19 years ago.
At the time, there was one rental unit. Now, 19 years later, 25 of the 70 condo units are currently being rented.
Further, the Board of Directors has allowed one individual, an investor living in Peru, to purchase 5 condo units for the purpose of renting. There are no rules against this set forth in our documents, as it was never an issue and the furthest thing from anyone’s mind at the time.
Is this allowed? I certainly did not intend to purchase in a rental building!
I live in a West Virginia Condo Association. We are a small, self-managed Association having some serious issues with renters, and the homeowners renting the properties are not helping.
Can our Bylaws be changed to state that condo units can no longer be leased?
I live in a Virginia Condo Association, and have a question regarding rental properties.
Is there a standard or recommendation for a ‘healthy’ percentage of rental units for Condo Associations? Is it legal to pass an amendment to the Bylaws that would cap the number of rental units allowed for a particular Condo Association if there was no cap in the original Bylaws?
I own a condo unit in a Florida Condo Association, and decided to rent it out for the winter season.
I sent $100 to the Condo Association Board for the background check and application process for new renters. The Board has approved the renters, but required a $2,500 security deposit to cover the common grounds area. I am aware of other condo unit owners renting, and having to pay either zero or $100 total.
I’ve argued that this was selective enforcement, after which they lowered the deposit amount to $1,250. Is this legal? My renters are a nice elderly couple that have rented in our Condo Association the previous two years and have a perfect history.
My Condo Association in Mesquite, Nevada has a new rental ordinance that allows for short-term rentals. The ordinance states, ‘governing documents must specifically state that short-term rentals are allowed.’
Our Board of Directors wants to do this by resolution of the Board rather than an amendment to the CC&R, where rentals are currently mentioned but time frame is not specified.
Can the Board do this, or should all condo association members have the opportunity to vote on the Amendment?
I have a question regarding leasing in Michigan Condo Associations. Three rental leases were recently terminated by the lessee before the mandatory twelve month lease was fulfilled.
Can the condo association present a new lease for a tenant? The reason I ask is that our Bylaws specifically require a twelve month lease. Thank you.
Three condo unit rental leases were terminated by the lessee before their mandatory 12-month lease was fulfilled. Can they present a new lease for a tenant? Our condo association by-laws specifically require a 12-month lease.
Tags: Condo & HOA Assessments, Condo Association Management, Board of Directors, Condo & HOA Law, CCR, Bylaws & Rules, Fees, Foreclosures, Delinquencies & Collections, Landlord & Tenant Issues, Michigan
My HOA recently administered a $100 fee per year to the owners of any condo units being rented. There was a change to the Master Deed seven years ago stating that the board could do this, though it has not been initiated until now. In addition, a notice had not been sent out informing condo owners of this.
There has been plenty of discussion amongst owners regarding initiation of this fee, even though it is in the Master Deed. After quickly researching, it seems that law in Michigan does not govern HOAs. Further, it seems this sort of action is legal in some states, and illegal in others. Does anyone know of or have any information about associations implementing a yearly fee to condo owners renting their properties?
The HOA stated the reason for the fee is due to the additional cost of renters contacting the association. Shouldn’t this be covered by our condo association dues? Anyone with advice on this, or where I may gather additional information, would be great.