With the prolonged downturn in the economy and the high rates of foreclosures in Ohio and across the country, more and more condominium associations are finding increased pressure from unit owners to rent their units. This is occurring because either the owner is under economic pressure and needs to rent the unit to meet his financial obligations, or investors are finding a ready market for condominium units as rental property. In either case, rentals in the condominium association are increasing.
Read the full article by Chas Williams in Association Help Now, Newspaper for the community association industry, at the following link: AssociationHelpNow