6.25 Leasing; Short Term/Temporary Occupancy Dwelling Unit
FCHOA Declaration of Protective Covenants - Revision Date: 2022-05-20
Leasing, lodging, transient use, hotel use, periodic occupancy, subleasing, licensing, or any form of temporary occupancy or use of a Dwelling Unit or Lot, or any part thereof, for a period of less than ninety (90) consecutive days by an occupant or tenant who is a non-owner, tenant or non-family member of the Owner when the Owner is not present and residing in the Dwelling Unit, is prohibited. The Owner shall use reasonably prudent business practices to ensure that leasing or occupancy of the Dwelling Unit or Lot, or any portion thereof, by a non-owner, tenant or non-family member is used in a manner that complies with the Governing Documents for Ford’s Colony, all rules and regulations of the Association, and all laws, ordinances and regulations. The Owner shall (a) provide a copy of the rules and regulations to the non-owner, tenant or non-family member who is leasing or occupying the Dwelling Unit or Lot; and (b) require such a non-owner, tenant, or non-family member to execute a formal acknowledgment that they are responsible for compliance by all occupants of the Dwelling Unit or Lot or any portion thereof, of the Governing Documents for Ford’s Colony, all rules and regulations of the Association and all laws, ordinances and regulations. The signed acknowledgment does not relieve the Owner from responsibility. The Board of Directors may, from time to time, adopt and amend policies and conditions related to leasing. The Board of Directors may, from time to time, adopt and amend policies and conditions to permit exemptions for hardship upon application and approval by the Board of Directors in its sole discretion. The Board of Directors may, from time to time, adopt and amend policies or conditions to permit temporary occupancy for real estate closing agreements and house and pet-sitting services. The Board of Directors shall have the authority to make and enforce reasonable rules and regulations regarding the sale or leasing of a Lot or Parcel, including without limitation, the authority to require written notice of intention to sell or lease a Lot or Parcel, the authority to approve or disapprove the form of all leases, the authority to restrict subleasing and assignment, and the authority to restrict the term and nature of leases. The Association shall not be liable for failure to enforce this provision.