<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">
CondoAssociation.com
Ë
By CondoAssociation.com • May 16, 2018

Do our bylaws allow us to rent out common areas?

Our HOA wants to increase our fees above the 3% cap to rent a clubhouse, pool, tennis courts, and walking trails. Our CCR's describe Common Areas as properties owned by the Association and devoted to and intended for the common use and enjoyment of the owners, provided however that in any lands which are leased by the Association for use as common areas shall lose their character as common areas upon the expiration of such lease. In addition "Purpose of Assessments" states they shall be used exclusively for the improvement, maintenance & operation of the Common Areas. Our Board stated they will pull the rented clubhouse, etc into Common Areas and the increased assessment will be used for rental of these spaces. Does it sound like the Board can actually rent these amenities and increase the assessment to do so?

Please drag open the comment box from right bottom corner to make it larger.

Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.
condo-hoa-management
advertising condoassociation.com

Blog by Topics

See all

Subscribe Here!