LIVING IN HARMONY IN NEW TOWN – The Rules About Renting Your New Town Property
Posted on December 1, 2020 7:00 AM by Mary Cheston
Welcome to a new periodic Crier feature – Know Your Rules. Are you aware of the requirements for NTRA homeowners who wish to rent their New Town homes?
Under the NTRA Master Declaration, only leases of an entire home for at least 12 months are permitted (Article VI, Section 7.1dd), and the lease must expressly state that the tenant will abide by the NTRA’s governing documents. (Thinking of adding an in-law unit or “granny flat?” An accessory apartment that is proposed to be added to a property must be approved by the Board of Directors after review by both the Architectural Review Committee and New Town’s Design Review Board.)
Short-term rentals are not permitted, including any vacation, room rentals or Airbnb-type usage.
In addition, homeowners must notify Town Management of 1) their new address and contact information and 2) the contacts for their tenant and property management company (NTRA Rules, Section II, Para. 21). Any property management company acting on behalf of a homeowner must provide the NTRA with current information for your tenants. Frequently, when tenants turn over, Town Management is not aware of new occupants. If possible, providing the first page of the lease will help Town Management to understand the rental period.
Why does the NTRA have such rental requirements? New Town was designed around fostering community through homeownership and owner occupancy. Besides liability insurance benefits, rental restrictions are viewed as a way to serve the best interests of the community by helping to maintain community standards and keep property values high.
So if you have tenants or neighbors who are tenants, reach out to let them know about the NTRA website. Encourage them to learn more about our Association and its requirements. Suggest that they volunteer on an NTRA Committee. Let’s all get to know our neighbors and take a vested interest in the long-term success of our community.
Posted on December 1, 2020 12:42 PM
This is a great article and should perhaps be added as a Welcome Letter as part of future closings. For existing residents not signed up for the website, a US Mail version of this might be helpful.
Last Edited: 12/01/2020 at 12:43 PM
Posted on December 7, 2020 10:09 AM
A great article but are renters able to be a member of a committee? Technically, they are not residents.
REPLY: Yes, per the Board of Directors decision of September 24th, tenants may join the Activities, Communications, Emergency Preparedness, Landscape Advisory Committee or the Pool Committee as auxiliary nonvoting members..
Last Edited: 12/07/2020 at 10:29 AM