Subletting by a rental tenant
A rental tenant is not allowed to sublet the unit they are renting under any circumstances. Any change in occupancy is considered a new rental and a completed application package and new lease are required.
Short-term rentals and renting of units for hotel-like purposes
Short-term rentals by the Unit Owner or lessee are forbidden and violators will be fined substantially. Anything less than six months is considered a short-term rental. Rental of any unit for hotel-like purposes (Airbnb, HomeAway, etc.) is strictly forbidden.
To ensure the ability of the management company to monitor occupancy and to draw a clear distinction between tenants and houseguests, the following rules apply:
- If neither the Unit Owner nor approved rental tenant is in residence in the unit, they are required to inform the management company of any houseguest(s) staying longer than two weeks. The name and permanent address of your guest should be submitted in writing to the management company.
- If the Unit Owner or approved rental tenant is in residence in the unit, there is no requirement to inform the management company regardless of how long guests stay.
- If it is found that a houseguest has made a payment to the Unit Owner or approved rental tenant, the situation will be considered a new rental. Under these circumstances all usual rental rules apply.
Please note: Any Unit Owner whose tenant(s) does not follow the rules regarding sublets will be assessed $1,000. Any Unit Owner or rental tenant who does not follow the rules regarding houseguests will be assessed $250.