18 Aug One of my rentals turns out to be part of an association and they are forcing me to sell because properties in that area must be owner-occupied. What do I do? Wha recourse do I have against the person who sold it to me?
I purchased a rental end of 2015. My property manager who also acts as my agent found it. We have an understanding that properties I buy are not to be part of any associations.
I just got blindsided by a letter today saying that this property is indeed part of an association and that it cannot be a rental. The letter said I must sell the house within a couple month’s time or face legal action.
I’m surprised the owner didn’t disclose this when selling.
What options do I have?