Condo Q&A

Can Our Condo Association Limit Rental Units?

Written by CondoAssociation.com | Tue, Sep 22, 2009 @ 12:40 AM
We have ten units in our condo building. We want to limit the number of condo units which can be rented to two. Can we write a change to the condo association bylaws that defines this? Two units were purchased initially to be rentals. There is a third condo owner who wants to rent his unit. How can we enforce the 2/10 rule? We all remember that 80% of condo units have to be owner occupied, but cannot find where we got that idea?