That would be a violation of fair housing act on family status wouldn't it?

Yeah that is a lease violation for me.

Also add a clause that extra unauthorized people are an extra $100 per person per month and a violation of the lease.

We were told that the rental certificate had been renewed over the summer and we were good for 3 years.Yesterday, I got a call from a city inspector informing us that the property is in violation as being occupied and having an expired rental certificate with no action taken on deficiencies.He further explained that the certificate had expired in June, and the inspection did not take place until Sept 26 due to scheduling issues.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

It seems pretty discriminatory in nature and a violation of fair housing laws.I think your first step is to talk to the board, explain the situation, and see if this change will impact you.

I would point out that Fannie Mae recently changed their guidance on transferring to an LLC so it is possible (see here: (https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html), given that: the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.In other words, you can transfer to an LLC by requesting with your servicer.

  $2,500 seemed too good to be true and I've since confirmed that it would be in violation of the development and city code to have 5 individual tenants. 

If inspectors follow code though, anything put in and not inspected plumbing, electrical, or HVAC is in violation, and inspectors can require you to rip it all out whether walls are up or not, and start over permitted.

You have to keep your message in front of the sellers and when they are ready to sell they will contact you if you have been contacting them regularly.If you are looking to do direct mail and have a limited budget, start with more targeted list like Probate, Tax Delinquency, Divorce, Code Violations, etc.