Condominium Unit Rental Restrictions and Bans: Pros, Cons and Considerations
By: Howard S. Goldman, Esq. and Rebecca A. Erlichman, Esq. The issue of how to handle condominium unit rentals is one that remains relevant to all condominium associations. It is up to the condominium association to protect the interests of all of the unit owners – both those who want to avoid an undue concentration of tenants to protect the character of the community and those who wish to rent out their units. There are pros and cons to allowing rentals.