Tag Archives: impact

Leasing & You

Many lawsuits challenging community associations’ efforts to enact or enforce rental restrictions don’t do very well in court. In fact, courts have usually upheld such lease restrictions – including limits on lease terms, occupancy and usage as well as outright bans.

The problems usually arise when governing documents are amended and owners find they can no longer rent their units, or can’t rent them for fewer than 12 months or rent them to five co-eds. To the uninformed owner caught short by a covenant amendment, the prevailing opinion is that, when you bought the home, your governing documents permitted such changes. In other words, owners should know that documents – and the activities they allow – can change.

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Strapped associations can fight back

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

A legal tactic that forces lenders to either pay up or get out of communities governed by a homeowners association has been sanctioned by three courts in Florida. And it couldn’t come any sooner for the millions of associations struggling with the impact that nondues-paying owners are having on their communities.
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CA: Foreclosures leave renters in a quandary

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

A group of residents at the gated, upscale Villorrio Village in Palm Springs are discovering just how much a property owner’s financial woes can impact their lives.
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