§ 44-7-36 — Certain rental units exempt from article

Code Sections 44-7-31 , 44-7-32 , 44-7-33 , and 44-7-35 shall not apply to rental units which are owned by a natural person if such natural person, his or her spouse, and his or her minor children collectively own ten or fewer rental units; provided, however, that this exemption does not apply to units for which management, including rent collection, is performed by third persons, natural or otherwise, for a fee.