Rental Waiting List Policy

By Resolution adopted on December 14, 2022 the Covenants were amended to limit the number of united leased by owners to 10%.

  1. Copperchase Condominiums Homeowners Association allows (9) rentals.
  2. Your condominium fees must be current at all times. And you must be in good standing with the Association.
  3. Any homeowner who is considering renting the condominium must first contact the HOA Board to confirm the number of existing rentals.
  4. If the Association allowance number of nine has already been met, the homeowner can be placed an a waiting list. Contact by the HOA Board when an opening becomes available will be determined by the location of your name as it appears on the list.
  5. The following requirements will be adhered to:
    1. When a rental becomes available, the first person appearing on the list will be notified by management. If your condo fees are found to be in arrears at this time, you will be moved to the bottom of the list and the next person on the list will be given the same opportunity.
    2. The Homeowner will be given five (5) consecutive days to determine if their interest in renting the condominium is still present.
    3. At the end of the five days, a sixty (60) day time frame will be immediately established for the Homeowner to secure a Tenant while maintaining total compliance with the Rental Policy.
      1. Obtain an appropriate Tenant
      2. Provide management with the following documents
        • Completed rental application from your prospective Tenant(s)
        • Tenant's completed Copperchase Resident and Emergency Entry Information form and signed Acknowledgment of Receiving H.O.A. Documents form.
    4. If the Homeowner is unable to rent the home within the sixty day period, that Homeowner’s name will be removed from the current placement to the last placement on the waiting list. The next Homeowner on the list is then presented with an opportunity to secure a Tenant.
    5. In the event that no other Homeowner appears on the waiting list, you can immediately request approval of another three month window in which to try again to rent your home.
  6. In the event a Homeowner lists their condominium for sale, it may be identified as a rental property ONLY if condo fees are current, the number of rentals is less than nine, there are no other Homeowners on the waiting list, and all rental procedures, as stated in the Rental Policy, have been observed. If these conditions are not met, the condominium may not be advertised for sale as rental property and the new Owner/Buyer must apply for a position on the rental waiting list as soon as they assume ownership of the condominium.