Live-Ins

2023

• April 19: House guests need to be pre-approved and can only stay 14 days per year, otherwise they will be considered a live-in 

• March 15: Will include grandparents and grandchildren in the "immediate family member" clause.

• August 1: Live in Fee $125.00 per month 

 

2020

• October 13: Residents can have visitors stay no more than 15 days, otherwise it is considered a live in

 

2017

• May 16: Each unit is only allowed to have one non-related live in

• May 16: All live-in applicants have to meet with the Board before they can be approved

 

2016

• April 12: Each unit is only allowed one live in at a time

 

2014

• May 13: Residents have to prove that they do not have a live in

• March 11: Must get background checks for live ins

 

2008

• July 8: Married couples do not have to pay the live-in fee due to immediate family rule

 

2006

• February 14: Residents are allowed to have non-immediate family members live with them for a period of 90 days or less without paying the live-in fee if they have extenuating circumstances

 

1995

• September 12: The Fincastle Heights Mutual Ownership Corporation, for the purpose of assessing fees or charges for “live-ins” defines “live-ins” as follows:

  • Anyone residing in a Fincastle Heights Mutual Ownership Corporation apartment who is not a member of the immediate family of the resident member whose name appears on the title to said apartment

       The Fincastle Heights Mutual Ownership Corporation, for the purpose of assessing fees or charges for live-ins, defines the term “immediate               family member” as follows:

            One who is the resident member or the husband, wife, son, daughter, mother or father of the resident member OR is eligible to be listed                  on the Unites States federal personal income tax return as a dependent OR can file jointly with the resident member. All others are                          considered “live-ins”

        After approval of the Board, the same amount will be charged for 31 days as for 1 day unless an agreement to pro-rate was reached with            the Corporation prior to the live-in taking up residency

        All fees and charges for live-ins will be due and payable at the same time as the regular operating payment and will be considered as one of          the conditions of remaining a member of Fincastle​

        EXCEPTIONS:

             1. Temporary house guest; when stays are less than 15 days (longer must be reported to the office)

             2. Biological and legally adopted minor children of the resident member or member’s spouse

             3. A parent or parents of the resident member or the member’s spouse – financial status of the parent(s) could be a factor

             4. Handicapped siblings of resident member or spouse of resident member, regardless of age

A member must gain permission from the Board in writing for all live-ins before they move in (April 19, 2022 rule supersedes some parts of this rule)