NO RENTERS ALLOWED!

By Darlys Walker

Published January 9, 2019  

 

AIRBNB and VRBO’s have become one of the most controversial issues starting back in 2017, and it only seems to be getting worse.

 

Most Declarations prohibit leases less than 12 months. So are vacation rentals covered under this restriction? It really depends on who you ask. Legal opinions have gone both ways. The “YES” say it implies not short term rentals! The “NO” say there is no lease agreement signed!

 

Many states are attempting to regulate this industry, but my experience to date has found nothing that works. In Nashville, Tennessee they implemented an ordinance where you must register your unit with the city, pay $110 fee to get a leasing permit. However, one association has already amended their Declaration to clearly state, NO VACATION RENTALS, NO AIRBNB, VRBO’s or other such site rentals are allowed! They are now being sued by a group of Homeowners to reverse the amendment.

 

Yet another association in Tennessee has adopted a fine schedule for violations of such rentals $1000 for a first offense, $5,000 for a second offense and $10,000 each offense thereafter. One individual pays the fines as she says, she makes double that by leasing her unit!

 

In Georgia they are introducing legislation to hold vacation rentals to hotel/motel requirements.

 

So why all the fuss? In the past year we have had property vandalism, noise complaints, vehicle break-ins, drunk and disorderly conduct, behavior assaults. All of this by vacation renters! Not to mention the increased wear and tear on a community!

 

Shouldn’t renting your unit, with people coming and going, be considered as running a business out of your unit? I say, YES!
HTML Comment Box is loading comments...

 

 

  
Darlys Walker, Founder and CEO of Condominium Concepts Management, Inc. (CCM), is recognized for her straight talk, subject matter expertise, and valued insights regarding real  

state management, leasing, and HOAs. Her company serves a diverse portfolio of properties, from 16-units up to 600 as well as large mixed-use developments.  

 

   From its beginnings in 2000, CCM has become a well-respected asset manager and now works with over 100 associations with 16,000 units served by over 300 employees. Darlys and her team deliver resources and responsiveness through six regional offices - in Orlando, Miami, Jacksonville, Charleston, Nashville and Atlanta.

  

   Darlys Walker is best known for her passion and precision, understanding that the only difference that matters in today's demanding marketplace is service delivery ... doing what is promised and what is right. She knows that every community serves two masters ... the property owner/developer and the resident/homeowner. "If we are not equally responsive to both, we are not doing our job," she states.  

 

   Her clients say it best: "Darlys really knows her stuff" ... "at the top of her profession and it shows in the caliber of her clients" ... "delivers quality resources that match up well with needs and expectations that are really rigorous."  

 

   She is a licensed Real Estate Broker in four states, holds an Associate's Degree in Marketing and has earned the Accredited Real Estate Manager designation from the Georgia Institute of Real Estate Management. Also she is one of few certified as a Lead-Based Paint Abatement & Removal Trainer in Georgia.

  

   Darlys Walker and her team have been selected to manage the condominium conversion process and day-to-day operations for many of the Southeast's most high-profile condominium communities including luxury high-rises, mid-rises and garden-style homes. Most recently she has been recognized as an expert in 're-versions' of communities from condominiums to leased homes, as well as repositioning projects. A visionary and a tireless perfectionist, Darlys demonstrates hands-on leadership, working individually with each client and staff associate to achieve defined business outcomes and satisfaction.  

  

  For more information about Darlys Walker and Condominium Concepts Management, Inc. please visit www.condominiumconcepts.com.

Sign up for Email Updates
Email:  
For Email Newsletters you can trust