As you know, the Board of Directors continues to try and do what’s best our neighborhood and the home values. With this in mind the Board is suggesting amending our documents to add a rental stipulation. The purpose of this amendment is to deter new buyers/ investors from buying property in our community for the sole purpose of turning these homes into short term rentals. This is happening more and more in communities that don’t have rental stipulations.
If you presently own a resident in our community and/or are now presently renting, you will be grandfathered in, and this will not affect you.
On July 1, 2021 the state law is being changed and HOAs will no longer be able to add rental stipulations to their documents. With this in mind, we ask you to please return your signed proxy as soon as possible in the return envelope you received.
If you have questions, feel free to to ask one of the Board members when you see them out and about our neighborhood.
Thank you as always for being a part of this great community.
Zoom Information for special meeting:
Meeting ID: 874 0960 0615
Dial in Option: 1-301-715-8592
You must be logged in to post a comment.