Rental restrictions are unlike most other policies HOA boards create because they necessarily curb owners' real property rights. The law jealously protects property owners' rights, which means
any HOA board that seeks to restrict rentals in their community needs to act wisely and deliberately.
This report provides you with the information you need achieve that goal.
It's filled with tips from our editorial team and experts on HOA governance and management from across the country. With the information in this report, you can begin investigating and working toward implementation of legal and enforceable rental restrictions immediately.
In this 63-page report, you'll discover:
- An overview of why boards consider restricting rentals, along with a sampling of state laws showing how complicated the job of creating reasonable restrictions can be
- A run-down of the types of the most common rental restrictions, plus a few uncommon ones, and insights on the pros and cons of each
- Why it's critical you create a formal rental policy, plus including 9 things to include in it
- 4 tips for easier tracking of rentals in your community
- 5 suggestions for enforcing your rental restrictions
- 5 ways to educate your owners on your rental rules
- A final list of dos and don'ts when it comes to rental restrictions
- A sample lease addendum that you require owners and renters to sign And much more
- And much, much more!
Best regards,
Matt Humphrey
President