OCEAN HARBOR CONDO ASSOCIATION

Rental Rules and Requirements

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Lease/Rent

1. An owner intending to rent/lease his/her unit shall give to the Board of Directors or its designee written notice of such intention at least ten days in advance of the first day of occupancy under the lease. This written application must be accompanied by a $100 non-refundable processing fee check, made payable to Ocean Harbor Condominium Association.

2. Lease/rentals are for a minimum of one month (30 days), and occupancy is limited to 6 persons for a 2 bedroom unit or 8 persons for a 3 bedroom unit. This rule is intended to encourage renters who will respect and abide by the rules of the Association. Studies have proven that shorter rental/lease periods will result in lower property values. Please do your part to follow the rules and help keep Ocean Harbor the quality community it currently is.

3. THE UNIT OWNER MUST PROVIDE A COPY OF THE RULES AND REGULATIONS TO THE RENTER TO READ.

4. THE BOARD OF DIRECTORS MAY MOVE TO DENY APPROVAL OF A RENTAL BY MAJORITY VOTE FOR ANY OF THE FOLLOWING REASONS:

Owner is delinquent in payment of assessments.
Owner has a history of leasing/renting his/her unit without obtaining approval.
Owner has a history of renting/leasing to troublesome renters, or refusing to control or accept responsibility for the occupancy of his/her unit.
Owner's real estate company has a history of inadequate screening of rental/leasing applicants or entering into leases without Association approval.
The prospective renter has a history of conduct which evidences disregard for the rights and property of others.

5. FAILURE TO GIVE NOTICE OR OBTAIN APPROVAL FOR THE RENTAL/LEASE MAY RESULT IN ANY RENTAL/LEASE BEING TREATED AS A NULLITY, AND THE BOARD OF DIRECTORS SHALL HAVE THE POWER TO EVICT THE RENTER, WITHOUT SECURING CONSENT TO SUCH EVICTION FROM THE UNIT OWNER, AND LEVY FINES OF $100 PER DAY OR ANY AMOUNT ALLOWED BY LAW.

6. Unit owners who rent are obligated by law to collect and pay all required taxes to the proper authorities.