One of the perks of owning property, especially a condo, is that owners may be able to rent out their condo out as a source of income. As such, condos are often a popular source of investment, as condo owners are usually free to rent out their properties to whomever they’d like, and at whatever rent they set, without intervention from a condo association board. However, this freedom can be a catch-22; owners are free to do with the condo what they like, but when problem tenants exist, resolving the issue can be a problem for the owner and the condo association.
While a person who buys a residential home typically has the right to do nearly anything with their home that they want, including own a pet, there are some unique rules regarding pet ownership as it pertains to condo associations. While the topic is controversial, condo associations have the right to prohibit condo owners to keep pets, or can place limits on the types or numbers of pets that owners can have.