Can I rent out my condo unit on a short-term basis?

In Virginia, the answer to whether you can rent out your condo unit on a short-term basis will depend on the rules put in place by your condominium association. Generally speaking, rental agreements of less than six months are considered to be short-term agreements. It is important to note that you must be in compliance with the condo association’s rental regulations. Generally, these regulations require that a homeowner notify the association of their intention to rent the condo, provide pertinent information about the rental party and obtain approval from the board of directors before entering into a lease. In addition, some Virginia condominium associations require a deposit from the tenant prior to the start of the rental period. This is to ensure that the tenant will abide by the rules and regulations of the association while living in the condo. Ultimately, whether or not you can rent out your condo unit on a short-term basis will depend on the specific regulations put in place by the association. It is important to be aware of these regulations and to comply with them prior to entering into any rental agreement.

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Can I rent out my condo unit on a short-term basis?

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