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by giardini 4328 days ago
This happens in condominiums. Condominiums were originally intended to be owner-occupied dwellings. Once the owner moves out without selling and rents the unit, things go awry. That's why, as written, most condo agreements are very burdensome upon owners who try to rent (high deposits for rental, long leases required, background checks to condo owners' association, etc).

This can be corrected in the case of condominiums by adding a clause to the condominium agreement mandating that owners occupy the unit and disallowing rentals. Perhaps, in the case of a neighborhood association, the same restriction could be applied (but not likely at any time other than the creation of the neighborhood).