Do condo minimum rental periods apply to family, friends, and guests?
Background: I was talking to a customer this week and she said she wanted a condo with a 7-day minimum rental period. In talking to her about some of the specifics about what she wanted I discovered she wanted a condo that she could use herself, but also make available to family and friends. They couldn't stay for a full month so she didn't want a condo with a three-month or even a one-month minimum. The downside is a condo with a 7-day minimum rental is harder to find than one with a one-month or three-month minimum rental period. There are just less of them to choose from.
Answer: In most condos, the Minimum Rental Period applies to lease terms for paid renters. It does not apply to family and unpaid guests. (Check Condo Rules and Regulations before signing a contract). So we were able to find her a beautiful condo with a one-month minimum where she could still have family and friends visiting.
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