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Kuester Management Group Details Considerations Regarding Rentals in HOA Communities

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Kuester Management Group shares factors to keep in mind when deciding whether the HOA should allow short- or long-term rentals.

CHARLOTTE, N.C. - Rezul -- A topic of great debate across HOA communities is whether to restrict rentals. One on hand, renters can be upstanding members of the neighborhood who do their part to maintain property values and create an enjoyable place to live. On the other hand, short-term renters may not be as invested in the community and adhering to the rules. Kuester Management Group has released a statement to the press regarding considerations when dealing with rentals in the HOA.

"Rental policies really vary from one community to the next," says Bryan Kuester, President of Kuester Management Group. "If the association sets clear expectations and members are all on the same page, homeowners and renters can live in harmony. It is a matter of achieving balance and deciding what is in the best interest of your HOA."

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The board should allow homeowners to voice their opinions for both sides of the issue before making any decisions, says Kuester. Feedback can allow the board to create fair and reasonable rules surrounding rentals that are agreeable to members.

Establish clear policies about whether there is a rental cap or a minimum length for the term of the lease. Who is responsible for HOA fees and rule violations? Make sure that homeowners educate tenants on their responsibilities and expectations. This can set renters up for greater success and reduce problems.

"Encourage communication between homeowners and the board as well," says Kuester. "Let the board know who is renting the home, when, and whom to contact about questions or concerns. Work with members to give them the flexibility to rent out their homes without violating the rights of other homeowners or their enjoyment of the community."

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Kuester Management Group works with HOA board members to develop effective rental rules and manage requests while protecting the best interests of the neighborhood and its members. Learn more by visiting www.kuester.com.

ABOUT:

Kuester Management Group, a division of Kuester Companies, works to protect property values and enhance the quality of life in each of its managed communities. Providing a full range of association management services, Kuester Management Group has worked to foster strong, resilient, and unified communities across North and South Carolina. The company is proud to offer on-site property managers, all zealous for building strong communities meant to stand the test of time. More information is available at www.kuester.com or @KuesterCompany.

Contact
Bryan Kuester
Kuester Management Group
***@kuester.com


Source: Kuester Management Group
Filed Under: Property

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