To rent out your home, you need permission from several parties:
- any co-owners
- the municipality
- the mortgage provider
- the insurance company
- HOA (if applicable)
If the municipality hasn’t given their permission to rent out your own home and you do so anyway, you could be charged a hefty fine. The mortgage provider could demand their loan back and an insurance company could decide not to pay out in case of damages. Plenty of reasons to ensure you have their permission to rent out your home.
