Community associations are familiar with the challenges associated with long-term home rentals and have become well acquainted with short-term rentals over the past few years, but a new trend in the sharing economy has been making waves recently: rentals for residential components such as swimming pools.
Community associations across the country have begun to fight back against the corporate investors who have changed the nature of the communities.
New mandates in California that went into effect Jan. 1 bring several changes to community associations. Here’s a summary of how the bills affect association governance and operations.
Homeowners associations in California with restrictions on long-term rentals must amend their bylaws to meet the requirements of a newly implemented law. Community association advocates say the statute may infringe on property ownership rights and curtails self-governance.
New technology, demographics, design trends, and more are forcing community associations to adapt—or adopt—rules. What should be considered when determining the right rule for your community?