Leasing Your Unit
| Walden Woods was designed and constructed with the intent of being a community of owner-occupied homes. Because we recognized the reality that, like any other community, we may occasionally have homeowners who want or need to rent their homes, our governing Declaration and Rules documents contain specific information relating to the limitations and the process involved in renting. Every homeowner agrees to abide by these governing documents before they purchase a home in Walden Woods. According to Section 1.1.5 of the RULES document, "All rentals . . . require advance notice to and permission from the Conservancy and require owners to file copies of written leases with the Manager (Elite Management)." And, according to Section 10.5 of our Declaration, "...to preserve the character of Walden Woods as originally established...all leases must be in writing and filed with the Association. Failure to so file will permit the Association to bring summary process against the tenant as a default in the lease in the name of its landlord... No Unit Owner may lease any Unit which he or she owns until he or she receives a Permission to Lease." Other rules and restrictions apply and should be read before a homeowner initiates steps to rent his or her home. Download the following to see the rental-related text from our RULES and our DECLARATION. |