Shared Living in the Small Condominium Setting: Rights and Obligations of Unit Owners and Trustees

By Howard Goldman –

With the rising cost of real estate and lack of affordable housing in many communities, people are searching for ways to maximize their investment through shared living. Whether it be by including an in-law suite for an aging parent, a basement apartment for a long-term tenant or sprucing up a guest room to rent via AirBnB, many homeowners are embracing shared living as the way of the future.

Room for rentShared living arrangements provide many benefits to individual homeowners but may be bothersome to neighbors who are worried about health and safety, parking, and security risks. These concerns are compounded in the condominium setting where there are so many people living in a condensed area.

Recently, Goldman & Pease has handled a number of disputes arising out of shared living arrangements in smaller condominiums that are self-managed.  This article will discuss issues related to shared living arrangements in the condominium context and the rights and obligations of unit owners and trustees with respect to striking a balance between allowing unit owners freedom to use their homes as they see fit and protecting the condominium community from the risks associated with certain shared living arrangements. [Read more…]