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Results 1 to 2 of 2
  1. 01-28-2010, 08:12 AM #1
    johnreal
    johnreal is offline Fixer Upper
    Join Date
    Dec 2009
    Posts
    16

    Default renting limitations/caps in certain places: really?

    Hi everyone,

    I have been told by an agent that there are certain single family homes that are subject to renting limitation: the community sets the % of homes that can be rented out, and when that % is exceeded, no new renters are allowed. The landlord has to leave the house empty, or occupy it himself, but he can' t rent it out anymore as the % cap is reached.

    Is that right? I thought this limitation was only in use for condos, but they told me it sometimes also applies to single family homes.

    Thanks
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  2. 06-03-2010, 12:54 PM #2
    danasindianapolisiindiana
    danasindianapolisiindiana is offline Renter
    Join Date
    Jun 2010
    Posts
    7

    Default

    This is very common in condos but I have also seen instances of single family homes putting limitations on rentals as well.
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