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By CondoAssociation.com • December 15, 2015

Should MA association cap rentals to keep FHA approval?

fha-condo-logo.jpgOur documents say nothing regarding renters.

We were just approved for FHA, and one of the the criteria that weighed heavily was a low percentage of renters. Being an over 55 comunity, renting and buying up by investors could prevent an FHA renewal.

Should we consider putting a cap on rentals?

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.

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