How do condo and HOA rules affect renting out a unit?
They can restrict it substantially. Association documents in Miami buildings often limit lease length, leasing frequency, and how soon after purchase an owner may lease, so ClearPath Property Management reads the governing documents before the unit is marketed.
Where the association and the municipality differ, the stricter rule governs in practice. A city that permits short stays does not override a declaration that prohibits them.
Owners get caught by amendments. What a building allowed at closing is not necessarily what it allows now, so we work from the current documents.