What is a lease agreement?
A lease agreement is the contract between a condo owner and a tenant that outlines the terms of the tenancy, rent, duration, responsibilities, and any rules the tenant needs to follow as a resident of the community.
Why does a lease agreement matter?
For HOAs, what’s in a tenant’s lease matters because the tenant, not just the owner, is the one actually living by the community’s rules day to day. A lease that doesn’t reference the HOA’s governing documents can leave a tenant genuinely unaware of restrictions that apply to them.
When You’ll Run Into This
This becomes relevant the moment an owner rents out their unit, and it’s worth the HOA confirming the lease references community rules before move-in, not after a violation.
Legal note: this is general information, not legal advice. Rules and requirements vary by state and by community, so it is worth checking with your association’s attorney to get an accurate answer for your specific situation.
