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

How many owner occupied units vs. rentals for a healthy association?

| Board of Directors |  


Question:

Is there a standard "healthy" percentage of rental units recommended for condominium associations? We know that to qualify for FHA we need less than 50%.  Is it legal in VA to pass an updated by-law which would cap the number of rental units allowed if there was no cap in the original bylaws?


Answers (11)

What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.
 

Related Posts

Who owns fire hydrant on our HOA property?

How do I get owners to follow HOA rules?

Can HOA cut off water supply to owner not paying their monthly fees?