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Updated almost 4 years ago,

User Stats

66
Posts
10
Votes
Olga Kostrova
  • Investor
  • Virginia Beach, VA
10
Votes |
66
Posts

Question about short term rental restrictions

Olga Kostrova
  • Investor
  • Virginia Beach, VA
Posted

A theoretical question. :-)

What is an average penalty in VB area if the condo association considers that the owner violated rental restrictions? For the sake of conversation they permit 6 months minimum and the tenant vacated earlier and needed to be replaced.   (I mean it's just an example, maybe not the best one, we don't need to solve it...)

So, how much can the investor / owner be charged? Is it a one time fee?  Fee for each violation?  How much can it be?  

Would the amount be in condo documents that will be provided after inspection?

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