What is the name of your state?Arizona
I found no state law that prohibits an HOA Board from limiting the number or percent of rentals in an HOA.
Are there any federal laws or real estate provisions that would prohibit an HOA from doing such?
Pursuant to my community's CC&Rs, in addition to the approval of 75% of owners, this amendment would require the consent of 51% of all eligible mortgage holders. Is this logistically feasable?
I found no state law that prohibits an HOA Board from limiting the number or percent of rentals in an HOA.
Are there any federal laws or real estate provisions that would prohibit an HOA from doing such?
Pursuant to my community's CC&Rs, in addition to the approval of 75% of owners, this amendment would require the consent of 51% of all eligible mortgage holders. Is this logistically feasable?