Rental Restrictions
Limitations on the ability of homeowners to rent or lease their units, as specified in the governing documents. Rental restrictions may include minimum lease terms, caps on the total number or percentage of rented units, tenant screening requirements, and prohibitions on short-term rentals such as Airbnb. These restrictions aim to maintain owner-occupancy levels and community stability. Some states limit the types of rental restrictions HOAs can impose.
State-Specific Notes
California: Under AB 3182, HOAs must allow at least 25% of units to be rented and cannot require HOA approval of tenants.