The rise of the resort-rental market has created a set of homeowner’s association rules that have shifted the traditional power of its board to entities that represent the interests of developer, property manager and even the country club. The legal arrangements are novel on their own and unique in their combinations.

In this business model, everything is built for the renter, including the amenities. Homes are constructed not for owner occupancy, but a short-term guest seeking the amenities of a hotel and the comforts of a private home. Entire developments are being devoted to leisure and business travelers.

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