It is normal to come across HOA rental caps in homeowners associations. These communities enforce these caps in an effort to control rentals within their neighborhoods and keep property values high. For both homeowners and board members, it's important to understand what rental caps are, if they're allowed in the first place, and how they impact the HOA. What are HOA Rental Caps? Many homeowners associations enforce rental restrictions to combat the negative effects of rentals, particularly short-term rentals,…
MelanieJune 16, 2018
