Rental Properties at Monarch View
Posted: Thursday, March 04, 2010
At the previous homeowner meeting in July, interest was expressed in changing our covenants to prevent new rental properties within the subdivision.

According to our lawyer, legal precedent shows that courts side with individual homeowners if home associations try to change covenants that add "additional burdens or restrictions" without signed consent of 100% of the lot owners within the subdivision. Restricting the existing right to rent property would add a "new burden" because it "specifically prohibits what original covenants permitted."

We currently have three rental properties, so unanimous consent to this change is not likely. Therefore, the Board will not proceed with this at this time.

This message was approved by the MVPOA Board