Here at Thornburg & Associates, Inc., we want to help you with all your real estate needs. If you are looking for a place to rent, we’ll help you find one that suits your needs, and if you are looking to attract a tenant to rent from you, we’ll help you do that too. In this article, we’ll focus on the landlord side of the equation and go over some of the responsibilities associated with belonging to homeowners associations. While different homeowners associations will have different bylaws, we will do our best to cover some of the most common stipulations.
- Inform Tenants of HOA Rules- One of the responsibilities most homeowners associations will expect you to fulfill as a landlord is to inform your tenants of the association’s rules and restrictions. You will typically be required to provide a tenant with copies of your association’s policy before they move in, and to include those rules as part of the rental agreement that tenants must sign–this agreement is legally binding and will make sure that the rules are enforceable.
- Ensure Tenants Follow HOA Rules- After informing your tenants of the rules, the rest of your responsibilities will consist of enforcing those rules in the event of any violations. Homeowners associations expect landlords to ensure that their tenants abide by the rules set out in their agreements and will hold you responsible for any violations on your tenants’ part.