Legal Question in Real Estate Law in Illinois
I own a home in Illinois' Lake County. My HOA's declaration has a restriction that the units cannot be leased/rented. I am in a situation where I am having to move to a different state with my family because of my job. I did not want to sell my home in the state of the economy that we are in now and so wanted to rent/lease my unit. Can my HOA deny me from renting my unit out. Is there a state law in Illinois that governs how HOA can or cannot operate (in terms of the rental/lease scenario). Please advice!
Thanks
Asked on 6/05/10, 9:57 pm
1 Answer from Attorneys
Caroline Palmer
Law firm of Caroline Palmer
An HOA can prevent you from leasing or renting out your condo. You can go to your homeowner's association and try and get an exemption.
Answered on 6/06/10, 7:38 am