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Community Associations and Tenants | Part 1 – Why Associations Cannot Prohibit Tenants

By Dean L. Semer, Esq. May 22, 2011 Posted in Community Association Law

With the decreasing housing prices over the last couple of years, there has been the two-fold effect. First, there are owners who would like to sell their units or homes but cannot sustain the loss if the mortgage is higher than the market price, or “underwater.” As these owners wait for home values to increase, some rent their units or homes to tenants.

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