Landings’ Covenant on Rental Properties Explained
Over the past few years, The Landings Association has observed that some Landings residents have listed their homes for rent through services like VRBO and Airbnb. Short-term rentals for non-residency purposes are not allowed under The Landing Association’s Covenants.
In 2014, Landings owners voted to preserve the residential character of The Landings. As one part of the Covenants Modernization package, owners overwhelmingly passed a new Covenant restricting rental of homes to residential purposes only. The Covenant reads in part as follows:
“Dwellings may be rented for residential purposes only. No dwelling shall be rented for timeshare, fractional ownership or hotel purposes, nor may any Owner rent less than the entire Dwelling.”
Renting for hotel purposes means renting for a period of fewer than 30 days, which is not allowed.
Owners with listings through VRBO, Airbnb, or other short-term rental services will be advised of the Association’s Covenant against short-term, non-residency rentals. Violation of the Covenant could mean the application of The Landings Association’s policies on fines and suspension of privileges.
It is important to note that The Landings Club and The Landings Company, in promoting The Landings’ amenities and residential sales, have short-term rental properties available for their guests. This is permitted by The Landings’ Covenants. Owners who wish to rent their property for short terms may want to contact The Landings Company regarding renting to such guests.
If you have any questions about the Association’s Covenants, please email Plans and Standards Administrator Kanomi Ramseur (email@example.com).
This article was originally published by The Landings Association on their website. Visit landings.org to read the original article. https://landings.org/news/2019/05/14/landings%E2%80%99-covenant-rental-properties-explained