Property owners at Chestnut Mountain Farms who are unable to occupy their homes for an extended period may request permission to lease their property, subject to review and approval by the Chestnut Mountain Farms Homeowners Association Board of Directors.
Whether an owner resides in the community full time or part time, the property owner remains responsible for keeping all annual HOA dues and Wilkes County property taxes current, regardless of occupancy.
Before entering into a lease agreement, the property owner must contact the HOA Board and submit the proposed rental arrangement for formal review and authorization.
Rental agreements must be for an extended period, with a minimum lease term of at least six months under consideration by the board.
All rental agreements must expressly prohibit subleasing, whether through formal agreements or informal arrangements made by the tenant.
Property owners are responsible for ensuring compliance with these requirements. Violations of the prohibition against subleasing will result in fines assessed to the property owner.