Utah, north Utah county

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Apr 8, 2021
9:30:05pm

Florwood All-American

Utah, north Utah county

My home has gone up 40-50% since purchasing it 3 yrs ago.

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Florwood

Bio page: Florwood
Joined: Mar 10, 2010
Last login: May 5, 2024
Total posts: 26,620 (74 FO)

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Messages

Author

Time

Our HOA owners voted for rental restrictions in January.

Florwood

4/8/21 8:51pm

I wonder how number 3 would be enforced..

cougarfann888

4/8/21 8:52pm

... or stand up if challenged in court.

4/8/21 8:55pm

Yeah, not sure it would.

cougarfann888

4/8/21 8:59pm

My HOA has a similar rule. I don't think it's uncommon.

scottfunkel

4/8/21 9:03pm

Ours too.

cougfanz

4/8/21 9:11pm

It's very common.

BlueBlood94

4/8/21 9:13pm

Our limit is 6%

Hinta

4/8/21 9:15pm

That will be interesting if it happens.

Florwood

4/8/21 9:01pm

Existing owners have to apply for permission to rent their units.

Florwood

4/8/21 8:59pm

It’s a smart move

whoneedscorners?

4/8/21 8:54pm

On the one hand I want to expand access to housing to all, and not make burdensome rules. On the other hand we have

Clark Addison

4/8/21 9:05pm

Renters aren’t the only ones with lots of cars

PizzaPipeline

4/8/21 9:08pm

I am a hypocrite and also a stereotyper

Clark Addison

4/8/21 9:09pm

The one rental on our street has at least four cars and one work truck. If they

scottfunkel

4/8/21 9:08pm

Terrible decision. You won’t be able to sell your house for top dollar to an inv

PizzaPipeline

4/8/21 9:06pm

but what if he's going to live there for 20 years? The reg is great if you want to live there long term... bad if you

HarlemCoug

4/8/21 9:13pm

Good

Clark Addison

4/8/21 9:23pm

Worse than that is trying to get a good appraisal in a neighborhood full of

byusage

4/8/21 10:06pm

High cost to own and more rental restrictions will be interesting..

cougfanz

4/8/21 9:10pm

What state are you in?

TwinsRight

4/8/21 9:17pm

Utah, north Utah county

Florwood

4/8/21 9:30pm

What is the fine? I have a rental in an HOA like this. The fine was $200 a month for 2 years. Easy.

EternalOptimism

4/8/21 9:58pm

We have similar restrictions and new buyers who thought they

byusage

4/8/21 10:04pm

It can be hard to get banks to loan in developments that are over 50% rentals

STL

4/8/21 10:04pm

I wish our HOA would do something similar. I’m annoyed with all the basement

Nuke

4/8/21 11:46pm

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