Wednesday, February 3, 2010

New Condos With Owner Stay Limits

Aloha Kakou:

Certain new vacation condo developments are coming with restrictions on the length of stay for unit owners. These restrictions are based on shoreline access agreements or local zoning.

http://www.nytimes.com/2010/02/03/realestate/commercial/03condo.html?hpw

2 comments:

th_goducks94 said...

How will that affect the owners of the units at Maui Eldorado? Is this kind of practice coming? Just curious.

Bill said...

Aloha:

This will not affect Maui Eldorado owners as our existing rules are already in place. But it is interesting that other condos are so strict with their owner usage limits. I'm sure it helps the rental program make more money!