Condominium Hotel/Resort
Condominium projects with any hotel-like features or resort-like features are ineligible. Condominium Hotel features or Resort features include, but are not limited to, the following: • Name includes “hotel,” “resort,” “motel,” “inn,” or “lodge,” “club”.
• Publicly advertised as a condominium hotel or resort. Web sites are available to determine room availability and/or to make reservations.
• Is located at the same address as a hotel or resort, or within a hotel or resort, or has a hotel or hospitality identity.
• Has non-incidental businesses operated or owned by the homeowner’s association (for example, restaurant, health club, spa, etc.).
• Projects allowing short-term (less than 30 days) and seasonal rentals (as evidenced by CC&R’s).
• Hotel-like or leased amenities (such as front desk, maid service, concierge service, on site recreational activities, lifeguard on duty, towel or linen service, etc.)
• Has HOA budget red flags, such as housekeeping costs, business income, membership fee income, personnel costs (lifeguard, maid, concierge, front desk, shuttle service, internet service fees, etc.)
• Shares facilities, common elements, or amenities with a hotel, resort, and/or lodge owned and managed by the developer or another third-party entity (pool, spa, fitness center, parking, business center, conference facility, etc.)
• Has units that do not have full size kitchen appliances, or that have efficiency kitchens.
• Has a revenue sharing arrangement between a rental management firm and the HOA.
• Requires mandatory membership (tennis, golf, health club, etc.)
• Requires a mandatory rental pooling agreement or has blackout periods.