renters have more privileges than some shareholders

our co-op has a rule stating "non-family guests staying in a unit are permitted only with the shareholder on the premises". We also allow 20% of the units to be rented. The logic escapes me that I cannot have a friend(s) stay in my unit when I am not present (people I know), but some shareholders are allowed to rent their units out to basically strangers. Anybody else out there have these rules??

This quote, JoanQ, is very odd: "non-family guests staying in a unit are permitted only with the shareholder on the premises." It's "on the premises" words that're odd. Can you add the words before & after this strange quotation? What document is it in, anyway?

In our condo building,, we have a rules that residents must accompany their guests if they use amenities on the premises.
In most CC&Rs, btw, owners who rent out their units may not use the common area amenities.

thank you everyone for your thoughts this is exactly why I asked, to receive different opinions and angles. - our co-op allows all kinds of relatives to stay without shareholder being present. Guess the liability would be implied since they are "family"? There is a group of us that are attempting to change the policy and I want to make sure we cover all possibilities. We did come up with a non-revenue generating guest idea which would be the same as a renter. FYI renters time period is not less than 30 days and no more than 4 months. Family can come and go with max of 90 days in a year. One part of the family policy would allow the in-laws of a niece or nephew, but no cousins.

thank you I have been reviewing Davis-Stirling Act and continue to do so, and will use when I am able to cite a few rules. I am not on the Board -yet. hahahaha

Now it makes sense: 55-and-over communities tend to have additional restrictions to preserve the nature of the community, and some of these restrictions would not pass the Fair Housing test in other communities. (The Fair Housing laws specifically exempt 55-and-older communities from certain provisions.)