Renters
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Due to the property slump, we have many unnoccupied apartments on our urb, some of which have been repossessed by the banks and may be rented in the near future, others which are rented out by their owners to help cover their mortgages.
Because of the huge amount of property available for rental, rates are low and we are suffering from renters who would not normally be able to live in a community such as ours and do not respect the environment, the rights of others to a quiet life, the property which they are renting or the community statutes in general. Thos causes problems for individual owners and the community at large.
Does any one know of an effective way to prevent or control this situation? Is it legal to amend our statutes to specify certain conditions for renters only and to have such conditions incorporated into rental agreements? e.g no dogs, no loud music, perhaps a fine on the owner if community statutes are ignored etc etc.
Any help or exchange of experiences appreciated.
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You can amend statutes at an AGM but need unamimous vote ( 100%). It is worth doing because the paid up owners would probably want it.
I understand though that you cannot have one rule for owners and one for renters as renters are guests of owners.
Nick
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You can amend statutes at an AGM but need unamimous vote ( 100%). It is worth doing because the paid up owners would probably want it. I understand though that you cannot have one rule for owners and one for renters as renters are guests of owners. Nick
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