Are there restrictions on renting out my condo unit?
Yes, there are restrictions on renting out your condo unit in Pennsylvania. According to the Pennsylvania Condominium Act, a landlord is not allowed to rent out a unit for a period of less than six months. Additionally, a landlord must obtain prior approval from the condo board or association before renting out a unit. The condo board or association must approve the rental agreement and the proposed tenant. This approval may be based on the tenant’s financial stability, background check, and adherence to the condo’s rules and regulations. Potential tenants must also apply to the association and pay an application fee. When renting out a unit, the landlord must also notify the tenants about the association’s rules and regulations and the tenants must comply with them. The landlord has a duty to ensure that the tenants adhere to the agreed-upon terms of the rental agreement, and failure to do so can result in fines or other penalties. Lastly, the landlord must maintain the unit and comply with any applicable local ordinances. This includes paying all utility bills and property taxes, as well as regularly maintaining and repairing the premises. Failure to do so could result in additional fines or penalties.
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