This transcription was AI generated
Transcription:
00:00:04 if you’re renting out your condo unit there’s several things you should know first and foremost you should review the Declaration to identify what is needed in order to have a tenant within your unit sometimes the governing documents within associations require written approval from the board prior to the the initiation of any tency within your unit also you will want to review the Declaration to identify what can and cannot be done within uh units for example often times Airbnb becomes an issue so tenants May rent a unit for a
00:00:43 commercial purpose which specifically would be to use it for Airbnb sometimes they tell the homeowner sometimes they don’t tell the homeowner it’s important that you investigate and question what the tenant wants to rent your unit for if it’s simply to reside in the unit you likely only need approval if he wants to use it or she wants to use it for commercial purposes you may want to review the Declaration to verify whether you can or cannot do that so it’s important that you and your tenant are
00:01:12 on the same page and are both able to comply with the rules of the association
