I owned a co-op in New York and the HOA had a rule that I could not rent it out for less than 3 months at a time.
We did end up with two tenants that rented the apartment on a yearly basis.
That was over 15 years ago.
I'm sure there is a way that The Villages can set some type of standard without jumping through to many legal hoops.
Maybe laying out a rule for any new home buyer and having to grandfather any existing owner who uses the property as a rental.
|