Resolution 8.0 - Renters
8.0 Title: Renters Resolution:
Whereas, the Declaration of Covenants, Conditions & Restrictions of the Cordova Club as amended (the “ Covenants”) provide in Section 4.20 that an Owner may rent the Owner’s “Dwelling Unit”, subject to certain limitations and restrictions; and
Whereas, Section 12.8 of the Covenants provides that the Board is empowered to enforce the Covenants by a proceeding at law or in equity and further provides that the Board is empowered to impose a reasonable fine or fines on any Owner for each violation or act of noncompliance by any such Owner or tenant; and
Whereas, the Board desires to implement steps for the purpose of effectuating the limitations and restrictions set out in Section 4.20 of the Covenants,
Now, Therefore, be it resolved that no Owner shall rent a Dwelling Unit unless such Owner first submits to the Board a copy of a written lease agreement between the Owner and the prospective tenant that sets out the term of the rental period, which shall not be for less than ninety (90) days nor more than three (3) years. The lease agreement shall state the name of the tenant primarily responsible for payment of the rent and shall declare that no more than one family unit shall reside in the designated Dwelling Unit. The lease shall further provide that “reside” shall mean not only physical occupation of the Dwelling Unit, but it shall also include using the Dwelling Unit’s address for any purpose, including, but not limited to, registration with any local, state or federal government agency or office to establish residency for any purpose. The Owner shall further provide to the Board a written confirmation signed by both the Owner and the tenant wherein the Owner states that he has provided, and the tenant confirms that he has received a copy of the Declaration, with all current amendments and resolutions attached hereto. Be it further resolved that an Owner who rents a Dwelling Unit shall provide to the Association the Owner’s current address and telephone number and shall be required to update his address and telephone information as these change. Be it further resolved that any Owner who is not in compliance with the Covenants pursuant to this resolution within sixty (60) days from the effective date of this resolution shall be deemed in violation of same. For each day that an Owner shall remain in violation of the Covenants pursuant to this resolution the Owner shall be subject to a fine of $25.00 per day.
Dated: June 1, 2004