🏠 Renting Your Condo
Lease Rules & Restrictions
- Minimum Lease Term:
- Leases must be for at least one (1) year. Short-term or vacation rentals are prohibited.
- Residential Use Only:
- Units may only be leased for residential purposes, not commercial or business activities.
- Occupancy Limits:
- Each unit may be occupied by one family. If occupants are unrelated, the limit is one person per bedroom.
- Responsible Adult Requirement:
- At least one lessee living in the unit must be a legally responsible adult.
Lease Documentation
- Written Lease Required:
- All leases must be in writing and consistent with the Declaration, Bylaws, and Rules & Regulations.
- Copy to Board/Management:
- A copy of the signed lease must be delivered to the Board or Management Company to keep on file.
- Lease Terms Must Include:
- Lessee agrees to follow all Association rules
- If lessee violates the rules, the Board has authority (power of attorney) to take legal action, including termination of the lease or eviction at the owner’s expense.
- Lease cannot be modified, extended, or assigned without Board approval.
- Subleasing is not permitted without prior written consent of the Board.
Responsibilities & Liability
- Owners are responsible for tenant behavior. Damage caused by tenants or guests must be repaired at the owner’s expense.
- Owners are liable for legal fees, court costs, or fines incurred by the Association to enforce tenant compliance.
- When leasing a unit, owners relinquish their parking privileges — tenants use the assigned parking space during the lease period.
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🏡 Selling Your Condo
Signs & Advertising
- No “For Sale” signs may be placed on your unit, balconies, or windows.
- The Association provides a special “For Sale” board on Page Avenue — you must use a Board-approved vendor to post your sign there.
Association Disclosures (Virginia Law)
- Under the Virginia Condominium Act, before closing, you must provide the buyer with a Resale Certificate/Disclosure Packet from the Association. This includes:
- Current financials (budget, reserves, assessments).
- Rules & Regulations.
- Any outstanding violations or unpaid assessments on your unit.
- Buyers have a right to review these documents and may cancel the contract within the statutory review period if dissatisfied.
Other Considerations
- The buyer (once they become a unit owner) will assume all obligations under the Declaration, Bylaws, and Rules.
- If you have an outstanding balance (assessments, fines, legal costs), these must typically be cleared before or at settlement.
- Selling your unit does not release you from liabilities incurred before closing — e.g., if there are fines or unresolved covenant violations, you remain responsible unless settled.