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Community Associations and Tenants | Part 3 – Leasing Resolutions and Lease Riders
October 24, 2011 Posted in Community Association Law Share
This is the third of 4 blog posts concerning tenant issues within community associations. In Part 1, I explained why a prohibition on tenants is either impermissible or highly unlikely. In Part 2, I explained that it is not a good policy for an association to require credit checks or background checks of potential tenants. Here in Part 3, I will explain about leasing resolutions and lease riders.
Community Associations and Tenants | Part 2 – Background Checks of Tenants
July 31, 2011 Posted in Community Association Law Share
This is the second of 4 posts concerning tenant issues within community associations. In Part 1, I explained why a prohibition on tenants is either impermissible or highly unlikely. Here in Part 2, I will explain the next common question after prohibition: May an association require credit checks or background checks of potential tenants?
Community Associations and Tenants | Part 1 – Why Associations Cannot Prohibit Tenants
May 22, 2011 Posted in Community Association Law Share
With the decreasing housing prices over the last couple of years, there has been the two-fold effect. First, there are owners who would like to sell their units or homes but cannot sustain the loss if the mortgage is higher than the market price, or “underwater.” As these owners wait for home values to increase, some rent their units or homes to tenants.