Analysis of specific percentage limits placed on rental units and how those limits pair with fine exposure.
Found in 55 communities
Mean percentage allowed
Communities with explicit % limits
Index combining fines, discretion, and escalation language
Undefined fine ceilings11%
Escalating “until cured” language0%
Avg exposure index55
Caps at 10–25% are common, but vague or compounding fines can outweigh the cap itself if owners fall out of compliance.
Caps below 10% function like near-bans; 10–25% limit investor dominance; 50%+ caps are rare and usually resort-focused.
Board approval layers or waitlists can further depress actual rental availability even where percentages look generous.
• Parse cap percentages from CC&Rs, bylaws, and rental exhibits
• Link caps to enforcement data: undefined ceilings, escalation language, and board-discretion flags
• Exposure index blends fine schedules, discretion, and penalty risk into a single number