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Updated about 1 year ago on . Most recent reply

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Carlos Silva
  • Argyle, TX
9
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57
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Anyone know of a lawyer that specializes in HOAs

Carlos Silva
  • Argyle, TX
Posted

My worst case scenario became a reality last night. The neighborhood HOA passed a motion to limit the number of rental properties. I just leased my home which was a primary residence last month. The max number of homes for lease is now 5%.

I believe it is wrong to make a change after I have already invested time and money into this house.  I should be grandfathered in until I decide to sell the property, not when the lease expires.

Should I try and fight this or is this a lost cause? I have another property with a HOA limit of 20%. There has been no issues there.

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied
Quote from @Carlos Silva:

My worst case scenario became a reality last night. The neighborhood HOA passed a motion to limit the number of rental properties. I just leased my home which was a primary residence last month. The max number of homes for lease is now 5%.

I believe it is wrong to make a change after I have already invested time and money into this house.  I should be grandfathered in until I decide to sell the property, not when the lease expires.

Should I try and fight this or is this a lost cause? I have another property with a HOA limit of 20%. There has been no issues there.


That is not uncommon unfortunately that they grandfather you in with the current lease (and not current tenant). Most HOA's are allowed to do this and in many instances not much you can do. This is a risk when investing in communities with HOA's.

  • Chris Seveney
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