Shared Living in the Small Condominium Setting: Rights and Obligations of Unit Owners and Trustees
By Howard Goldman – With the rising cost of real estate and lack of affordable housing in many communities, people are searching for ways to maximize their investment through shared living. Whether it be by including an in-law suite for an aging parent, a basement apartment for a long-term tenant or sprucing up a guest room to rent via AirBnB, many homeowners are embracing shared living as the way of the future. Shared living arrangements provide many benefits to individual homeowners