Condo Rental Restriction - Senior Citizen Parents?

Question

We found a condo that we would like to purchase for our parents to live in. The condo association has rules that it cannot be rented. Effectively, we just let our parents (senior citizens) live there, i.e. not even renting. But since their names are not on the deed, I heard that it is still against the condo association's rule.

Does anyone know if there is a way to structure this so that our parents can live in the condo without their names on the deed?

? · Answer

The names of the people on the deed must be over 55 and the ones living in the property.  Sorry but the covenants are strict. That property was most likely built with the stipulation and tax advantage that it only house seniors.   There is no way around it

Katlady · Answer

That isn't really renting.  I don't think they can do anything if you let them live their either, it is VERY hard to evict senior citizens.

Condo Rental Restriction - Senior Citizen Parents?

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