Learn more about our management packages today —
Call toll free (888) 565-1226

Tag Archives: rent

The rise of renter nation

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

Don’t feel like taking a ride on this roller coaster of a real estate market? Opting to rent, at least for now, instead of buying? If so, you are not alone, according to a new survey of thousands of renters and homeowners across the nation by Fannie Mae.
Read more

Two-family rental may violate codes

Q: Last year our HOA’s rental policy was challenged by a developer. We had previously not allowed rentals. After a new vote, property owners are now allowed to rent their properties. However, our restrictive covenants clearly state that homes are for single-family use only. There is a home in our community which has multiple levels and was marketed by a Realtor last year as having multi-family capability. Citing our restrictions, our board asked him not to market the house as multi-family. The house was recently sold and the new owner intends to rent the home. During a conversation with me he stated that he intended to rent the downstairs and occupy the upstairs himself. Our board feels this is a violation of the restrictive covenants. What recourse does our board have? You indicate that your CCRs (covenants, conditions and restrictions) restrict homes to “single-family” use. Is the term “single-family” defined in your CCRs?

Read more

Comedy Central features Issaquah Highlands’ unemployment ‘scapegoats’

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

So, the goats hired to landscape the highlands trotted into the national spotlight. The piece a – “People Who Are Destroying America” segment for the Oct. 14 episode “The Colbert Report” – highlighted the Issaquah neighborhood and Rent-A-Ruminant
Read more