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Kuester Management Group Shares Guidance for HOA Rental Policies
In a new statement to the press, the leading HOA management company provides insight into crafting community policies to address Airbnb rentals.
By: Kuester Management Group
"Before homeowners start dreaming big about generating rental income, it's critical to check the guidelines for their HOA," comments Bryan Kuester, President of Kuester Management Group. "Simply put, many HOA governments have restrictive covenants in place that disallow short-term rentals."
Kuester recommends that homeowners who want to know whether their HOA allows Airbnb rentals start by consulting with the community's covenants, conditions, and restrictions, or CC&Rs. "These are basically the laws that govern life within a specific HOA," he remarks. "While CC&Rs vary from one community to the next, it is pretty common for HOAs to disallow any rentals for timeframes that are less than 30 days."
Additionally, Kuester notes that many HOA bylaws will disallow homeowners from using their property for business or commercial purposes. "Depending on local zoning laws, this may or may not prohibit short-term leasing or rentals," he explains.
Kuester says it's important not only for homeowners but specifically for HOA Board members to be aware of their community's guidelines for short-term rentals, and to enforce those policies with consistency. "You can't show any kind of partiality or favoritism,"
Kuester Management Group provides guidance to HOA communities throughout North and South Carolina, including assistance with formulating policies and procedures. Learn more about the company and its services by visiting www.kuester.com.
Kuester Management Group, a division of Kuester Companies, works to protect property values and enhance the quality of life in each of its managed communities. Providing a full range of association management services, Kuester Management Group has worked to foster strong, resilient, and unified communities across North and South Carolina. The company is proud to offer on-site property managers, all zealous for building strong communities meant to stand the test of time. More information is available at www.kuester.com or @KuesterCompany.
Kuester Management Group