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Property Ownership TransferCondo_ownership_nyMEDIUM

Lisa owns a condominium unit and wants to rent it to tenants. The condominium bylaws contain restrictions on rentals. Under New York law, what is the general rule regarding an owner's right to rent their condominium unit?

Correct Answer

D) Rental restrictions in bylaws are generally enforceable if properly adopted

New York courts generally uphold reasonable rental restrictions contained in condominium bylaws, provided they were properly adopted according to the governing documents. These restrictions are considered reasonable limitations on property use that serve legitimate community interests.

Answer Options
A
Owners have an absolute right to rent that cannot be restricted by bylaws
B
Rentals require approval from a majority of all unit owners in the building
C
Only cooperatives can restrict rentals; condominiums cannot impose such limits
D
Rental restrictions in bylaws are generally enforceable if properly adopted

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Related Topics & Key Terms

Key Terms:

rental_restrictionsbylawsproperty_rightsreasonable_restrictions
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