Information Landlords should be aware of when leasing condos at Woodridge.
In the Woodridge Condominium (condo) Association, members own their individual condo unit(s), but they have a joint ownership interest in common areas. A condo owner owns the floors, ceilings, and walls of each unit including the airspace and paint on the interior walls and is responsible for the maintenance of the interior of the unit. For any property issues, tenants should first contact the landlord/homeowner.
LEASES. With the exception of a lender in possession of a Condominium Unit following a foreclosure proceeding or any deed or other arrangement in lieu of foreclosure, no Unit Owner shall be permitted to lease his Unit for transient or hotel purposes. No Unit Owner may lease less than the entire Unit. Any lease agreement shall be required to provide that the terms of the lease shall be subject in all respects to the provisions of the Declaration and the By-Laws, and that any failure by the lessee to comply with the terms of such documents shall be a default under the lease. All leases shall be in writing.
Unit Owners must furnish a copy of the Woodridge Rules and Regulations to their lessees. The term of a lease shall not be less than six (6) months unless prior written approval is obtained from the Board of Directors. Further, the lessee must occupy the unit and may not sublet the unit.
Unit owners must furnish a copy of the Woodridge Rules and Regulations to their lessees.
All Unit Owners leasing their Units to qualified lessees are required to furnish the Board of Directors with the following:
A) A copy of the lease, including the number of occupants residing in the Unit.
B) The completed lessee information sheet (available in the Office), which includes but is not limited to information on vehicle registration, pets and children.
C) Evidence that the lessee has read understands and agrees to abide by and be subject to all rules and regulations as indicated at the bottom of the lessee information sheet.
Evidence of criminal activity by a lessee or multiple complaints of rule infractions, as evidenced in writing to the Owner, are just cause to require the owner to terminate the lease and evict said tenant. An eviction notice must be given and carried out within 15 days as in accordance with law. Drug trafficking will not be tolerated by the Association and calls for the immediate removal and eviction of unit occupant. Any units used for such will be reported to the Sheriff's office for immediate seizure.
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