schmidtster
Junior Member
What is the name of your state (only U.S. law)? Colorado.
Is an amendment to a condominium declaration that limits the # of rentals allows enforceable in the state of Colorado?
Currently I live in a condo association that contains 30 units that has a limit of five rentals. I am moving in with my girlfriend soon and renting my property would be my best option. The housing market is not great and I don't want to foreclose on the place. Can the Association really stop me from renting my place? I don't have much money in the place so I could foreclose but this is something I don't want
Thanks for all your help!
" (c) The association shall have the right to limit the number of Condominium Units leased at any given time as follows:
Is an amendment to a condominium declaration that limits the # of rentals allows enforceable in the state of Colorado?
Currently I live in a condo association that contains 30 units that has a limit of five rentals. I am moving in with my girlfriend soon and renting my property would be my best option. The housing market is not great and I don't want to foreclose on the place. Can the Association really stop me from renting my place? I don't have much money in the place so I could foreclose but this is something I don't want
Thanks for all your help!
" (c) The association shall have the right to limit the number of Condominium Units leased at any given time as follows: