Review your condo association's rules regarding renting units. This information is found in the association's governing documents, sometimes known as a declaration of covenants, conditions and restrictions. The CC Rs outline community rules that residents -- owners or tenants -- must follow. Should you rent out your condo in a community that prohibits renting, you may face penalties and legal action by the board.

You're held responsible if your tenants do not adhere to condo rules, so check references and only rent to reliable tenants. You can ask a former landlord if prospective tenants had problems paying rent or obeying rules at their previous residence. Provide renters with the condominium documents and request that they review them. You can also include restrictions in your rental agreement, such as rules for pet ownership, common-area use and parking. Have your tenants acknowledge in writing that they understand the condo rules, and make yourself available to answer questions they may have regarding the rules throughout their tenancy.