Declaration of Horizontal Property Section 17

JRCAI Home Page | Board of Directors | Financial Reports | By-Laws | Declaration of Horizontal Property | Meeting Minutes | F A Q | Policies | Rental  Pool | What’s New...

17. Lease of Unit by Owner.

 

For the purpose of maintaining the congenial and residential character of the Regime, and for the protection of the Owners with regard to financially responsible residents, lease of a Unit by an Owner other than the Declarant or a Mortgagee will be subject to the conditions and restrictions established from time to time by the Board of Directors. No such condition or restriction may require an Owner to use an exclusive rental agent prescribed by the Board or to lease a Unit for any prescribed period of time.