Dear Resident of Whisper Lake,
The HOA Board is concerned about the leasing of property in our neighborhood and has decided to send out this letter to let the residents and any property owner who may be interested in leasing property know what our position is on this subject.
As stated in our covenants, there shall be no lease or rental of a Lot or any Dwelling, or part thereof, for investment, commercial or business purposes. There shall be no lease or rental of a lot or dwelling by a corporation or other commercial entity. Leasing, as otherwise regulated and permitted herein and in accordance with Article VII, “Requirements and Prohibitions”, Section 10 of the Declaration of Covenants, Conditions and Restrictions filed in Book 580, Page 01 of the records of the Chancery Clerk of Madison County, Mississippi (the “Declaration”), is only allowed by an individual owning the subject property and shall be leased in accordance with the City of Madison Ordinance enacted on the 18th day of May, 2010, entitled An Ordinance of the City of Madison, Mississippi Establishing Regulations to Licenses, Inventory, Inspection, and Repair Rental Properties for the Health, Safety, and Welfare of the Citizens of Madison, as amended.
The Rules and Regulations also require other important notices and obligations of the owner concerning the leasing of dwellings. You may find a copy of the “Rules and Regulations Regarding Leasing of Dwellings” and other important documents and forms at whisperlake-Annandale.com.
Should you have any questions, please contact the Board of Directors.
Respectfully,
Whisper Lake POA
Board of Directors
