A new rule out for review will give the the HOA the power to shut down homeowners who have rental properties with any outstanding fines or assessments.
The board has scheduled a special open meeting on Thursday, September 30th at 9:00 am ,in the Masters Lounge, to allow homeowners to
speak in the open session before they vote to accept, reject or modify this new proposed rule.
This raises a few questions that the board needs to address at the Board Meeting:
Why did the board feel that it needed to single out Rentals Owners?
Do rental owners represent a higher risk of not paying their fines?
Do homeowners with rentals represent a higher Collection risk?
If the Bylaws allow rentals, how can the HOA write new rules to shutdown rentals?
Attend the meeting in person or through the Zoom application and see if these questions are answered.
The blog would like to hear your thoughts.
This blog is designed as a means to provide transparency and informative access to the policies and protocols of the Desert Princess Palm Springs Homeowners Association, the governance of the HOA Board of Directors and the management of the community’s assets by The Management Trust. The expressed intent is to establish a neighborhood hub for trusted connections and the exchange of helpful information, goods, and services; it is hoped that homeowners will use it to build a stronger and safer Desert Princess Palm Springs.
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