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My HOA recently passed a resolution basically disallowing anyone from leasing their condo after they move out. Their condition is that the unit be left vacant for 2 years before I am allowed to lease it. They expect the owners to keep paying monthly HOA dues while it sits vacant for 2 years. The owners would also need to pay their mortgage dues obviously if they have one. I lived in the condo myself for 2.5 years and now need to move out but with this resolution I am essentially being forced to sell it and lose my investment. Their reasoning behind this resolution is that it was passed to prevent investors from buying condos in the community for the purposes of leasing it right after. This apparently affects the loans/incentives for potential buyers. However, them putting a blanket restriction on current homeowners from being able to lease their unit when they move out even after a certain number of years is going to affect them financially, including myself. They seem to be forgetting that most people buying a condo see it as a starter home and plan to move out eventually and would want to lease it then. Can I sue them in this case?
Edit- This is in NJ
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