Condo Board’s Credit Score Rule Blocks Renting for Prospective Tenant

A prospective tenant, identified as Gordon, faces challenges in renting a condo due to a credit score requirement set by the building’s board. Despite having a stable job and a credit score of 690, the condo’s governing body has denied his application, citing a minimum required score of 700.

Condominium boards typically hold the authority to establish rules regarding who can rent or reside in their buildings. These regulations are detailed in the condo association’s governing documents, which include bylaws and rental policies. Such minimum credit score requirements are commonly employed as a means to assess financial reliability and mitigate perceived risks associated with tenants.

Gordon’s situation highlights the potential for boards to enforce these standards. If the condo’s rules explicitly state that applicants must possess a credit score of 700 or higher, the board’s decision appears to be within its legal rights. However, prospective renters are encouraged to take several steps to seek clarification and possibly challenge the ruling.

Understanding Your Rights and Options

First, Gordon should request a copy of the condo association’s bylaws or rental policies to gain insight into the specific language regarding credit score requirements. If these documents clearly outline the credit score threshold, the board is likely acting within its authority. Conversely, if the language is ambiguous or inconsistently applied, there may be grounds for questioning their decision.

It is also essential to note that rules established by condo boards cannot be discriminatory. Under Fair Housing regulations, boards are prohibited from denying applications based on protected characteristics, including race, religion, gender, disability, or familial status. If the enforcement of the credit score requirement disproportionately affects specific groups, it may be deemed discriminatory.

Given that Gordon’s credit score is close to the threshold, he may consider reaching out to the board to discuss his situation. Providing evidence of financial stability, such as proof of income, savings, or a history of on-time rent payments, could strengthen his case. Some boards may be open to exceptions if a prospective tenant can demonstrate reliability.

If the board remains steadfast in its decision, exploring alternative rental options may be prudent. Not all condominium associations impose the same requirements, and there may be properties available that are more accommodating. Additionally, Gordon could consult with a reputable credit repair agency to explore options for raising his credit score in a timely manner.

Legal expert Gary Singer, who specializes in real estate law, emphasizes the importance of understanding both tenant rights and the governing rules of condominium associations. He advises prospective renters to be informed and proactive when facing such challenges.

For further questions regarding real estate matters, individuals can reach out to Gary Singer at [email protected] or visit SunSentinel.com/askpro for more information.