In this week's tip, we start with an admission: Boy, are we glad we're not in the jam this North Carolina board found itself in.
We're talking about the first board after developer transition at the Renaissance Park HOA in Raleigh. This unlucky bunch of community volunteers kick-started enforcement of their rental restriction after the in-the-rearview-mirror developer failed to enforce it while selling units.
Who knew reinvigorated enforcement would make owners angry? (Just about everybody.)
The board apparently struck a compromise. It announced it would allow existing renters to stay but banned new rentals after Jan. 1, 2026.
Click on the arrow below to hear a short clip in which two of HOAleader.com's
experts—Alex Argento, the Dania, Fla.-based senior vice president and head of southeast operations at AKAM, who manages about 100 associations totaling 40,000 units in south Florida, and Scott D. Weiss, CCAL, a partner and the Tennessee office chair at Kaman & Cusimano in Nashville, Tenn., who represents more than 800 condos/HOA communities throughout the state—discuss how often they see this problem in their communities and what causes it.
