How Can I Verify a Condo's Short-Term Rental Policy before Buying?

Check the condo’s current short-term rental policy directly with the building management or the owner’s committee, since rules can change and may be enforced differently by each building. Ask for a current written copy of the rental clauses in the condo rules, and review whether you need prior approval to list the unit, any minimum or maximum stay rules, and any guest-registration requirements. Look for limits on platform advertising, whether a rental management company must be used, and any extra charges tied to short-term guests. Also verify if sub-leasing, sub-agents, or transferring rental rights are allowed and under what conditions. If there’s any ambiguity, request a formal clarification in writing and compare it to the brochure or marketing materials. Finally, understand how fines, penalties or eviction risk are handled if you violate the policy, and whether policy changes apply to existing bookings. This is general guidance; see a local lawyer or advisor if STR plans are central to your yield strategy.