I know that if i rented we would have to have a 2 bedroom per renters' rules but. I want o buy a 1 bedrm (oldest daughter will be gone in 2 yrs. so it is investment for me to have own home). Just want to know if it's legal for me to share a one bdrom, owned by me, with my 2 daughters if I purchase a property in Colorado. Thank you. I live in Co Spgs.
One bedroom as opposed to two.
Real Estate Attorney
Generally speaking, this should not be an issue, since your daughters are obviously family. However, the Condominium rules may govern how many unrelated guests can occupy a condominium, so when you purchase, you should read through the covenants (rules) of the community you are buying in. Make sure you use a Realtor, who is required to make sure that you are provided with all of the appropriate documents before you purchase. They do not charge a buyer generally for their services, and it is well worth it. Good luck!
This answer is for general information only and does not create an attorney client relationship between Navaro & Associates LLC and any person. You should schedule a consultation with an attorney to discuss the specifics of your legal issues. Our firm offers free consultations up to 1/2 hour.
Contact the CO Springs housing office or whatever agency that would have such a rule and see if that applies for owner-occupied homes.
This answer is for informational purposes only and is not legal advice regarding your question and does not establish an attorney-client relationship.