Jump to content
The forums have been archived and are now read only. Years of great info saved for your reading pleasure. Thank you! Visit us on Facebook: https://www.facebook.com/NakedInvestor/ ×
The Naked Investor Forums
Chad533

Condo Assoc. preventing a LO?

Recommended Posts

Can a Condo Assoc. prevent a LO from happening? I emailed a seller asking if he wanted to sell with a LO and he said he will need to check with his condo assoc. In my relatively noob experience, I would think not since it is an option to buy. Not just a straight lease or rental. Is this correct, or am I totally off?

Share this post


Link to post
Share on other sites

Chad, the Condo Commandos can be very difficult and restricitve, if they so choose. So they can definitely prevent leasing in the complex, including leasing with an option. So whenever looking at a condo or townhome, before you get too deep into the deal, you first need to check the CC&R's.

Share this post


Link to post
Share on other sites

×
×
  • Create New...