This document discusses rental restrictions in common interest communities and how to manage them. It outlines perceived drawbacks to renters such as rule violations and lack of pride in ownership. It recommends that community managers be proactive by amending rules, clearly communicating policies, and enforcing restrictions. Managers must also remain flexible and adjust strategies based on current economic and market conditions.

1. RENTAL RESTRICTIONS
IN
COMMON INTEREST COMMUNITIES
MODERN TRENDS AND STATE DISTINCTIONS
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2. INTRODUCTION
Managing Rental Restrictions in
Common Interest Communities
o Perceived and real drawbacks to renters in
common interest communities.
o Management strategies for improving
perceived and real tenant issues.
o Unique Challenges in the Current Economy
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3. Drawbacks to Renters
 Lending Restrictions
 Investor Decision Making Process
 Physical Stress
 Financial Stress
 Rule Violations
 Pride Of Ownership
 Sense of Community
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4. Managing the Rental Reality
 Be Proactive
 Overall Objective
 Management Strategy
 Amendments/Resolutions/Rules
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5. Managing The Rental Reality
 Implementation
 Communication
 Identification
 Enforcement
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6. Managing the Rental Reality
 Flexibility
 Monitor Current Community Trends and
Conditions
 Monitor Current Economic Trends and Conditions
 Consider Impact on Entire Community
 Adjust Strategy
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7. Managing the Rental Reality
 Difficult Economy
 Current Market Conditions
 Financial Restrictions/Limitations
 Adjust Attitude Toward Investors
 Large Investor Holdings
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8. Summary
o Drawbacks
o Management
o Unique Environment
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9. Where to Get More Information
 The Professional Community
 Local, State and Federal Laws
 CAI
 Internet
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