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Owners who illegally lease units may be fined (FL)

Q: A couple bought a four-bedroom townhouse in my community over a year ago, but never moved. I think they live in a house somewhere in our city. There are many so-called guests and families who visit the unit frequently. These “guests” are registered with the auto-launch company, so they can park without activating. Neighbors in the area are dissatisfied with the high number of frequent visitors. Read the Q&A……………………………

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Florida Condo & HOA News, https://communityassociations.net/category/fl_news/feed/, National Condo & HOA News, Short-term Rentals

Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
 
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