Is it a secure building? - Posted by Dave T
Posted by Dave T on March 22, 2000 at 21:22:44:
The association needs to know who is occupying the units. They also need to know how many units are investor owned vs owner-occupied. There are insurance liability issues and perhaps security issues involved here. Whenever a unit is sold, the buyer’s lender will ask the association for a HUD certification. To do this, the association must know how many units are owner occupied and how many are non-owner occupied.
Perhaps you personally manage your unit, while absentee landlords may employ property managers. When there is a problem with a unit or a tenant, the condo association needs to know who to call in an emergency – you or your property manager.
Don’t look at this as an invasion of privacy, instead look at this as a measure that helps insure the efficient operation of the association. This is the type of active management that helps a condo complex maintain and increase your unit’s property value.
Believe me, the association does not really care how much rent you are getting.