C
clacla69
Guest
What is the name of your state?Florida
Hello.I bought my condo unit 2.6 years ago. When I bought it the condo bi-laws stated that no rental where permited until the 2nd year aniversary from the closing date. One month ago, there was a voting to change the by-laws to restric rental from 2 to 3 years of purchase. 70% of the owners vote in favor, so the change was made to the books. Now I need to rent my apartment due to a job relocation, but the board of directors is telling me I have to wait until I have 3 years of ownership. Is the law retroactive in this case? Should this 3 year restriction apply only to new owners? The new law was past after I had completed my 2 years restriction, does it apply to me? Thanks for your kind advice.
Hello.I bought my condo unit 2.6 years ago. When I bought it the condo bi-laws stated that no rental where permited until the 2nd year aniversary from the closing date. One month ago, there was a voting to change the by-laws to restric rental from 2 to 3 years of purchase. 70% of the owners vote in favor, so the change was made to the books. Now I need to rent my apartment due to a job relocation, but the board of directors is telling me I have to wait until I have 3 years of ownership. Is the law retroactive in this case? Should this 3 year restriction apply only to new owners? The new law was past after I had completed my 2 years restriction, does it apply to me? Thanks for your kind advice.