Peachtree Walk Condominiums – Leasing Guidelines and Rules
Leasing Limitations
Leasing is limited to 25% of the total units within the community. This lease permit cap is currently met.
A valid Lease Permit is required for any unit to be leased, whether the owner is an individual or an entity. This requirement is strictly enforced.
Only owners with approved Lease Permits are eligible to lease their homes.
Owners who lease a unit without a valid Lease Permit are subject to substantial violation fines.
Lease Permits are not transferable to new owners upon sale of a unit.
Short-term rentals, including Airbnb or similar platforms, and leases for less than one (1) year are strictly prohibited under the governing documents.
Lease Permit Waiting List
There is currently a waiting list for available lease permit opportunities.
To be added to the waiting list, please email kyoung@teammgt.com.
Owners already on the waiting list or seeking additional information should also contact the management office at the same email address.
The Lease Permit Waitlist Form is available for download in the E-DOCS section.
Special Hardship Lease Requests
The Board of Directors may consider hardship lease requests if the owner has:
Listed the unit for sale with an MLS-registered real estate brokerage and made active efforts to sell for at least six (6) months, and
Been unable to sell the unit except at a price below its current appraised market value, or
Requested a hardship lease due to a temporary relocation or leave of absence, with the intent to return to the unit.
Hardship leases may not exceed twelve (12) months.
Extensions beyond 12 months will not be considered.
Lease Addendum Requirement
All leases must include the Peachtree Walk Lease Addendum.
The completed addendum must be submitted and filed with the Peachtree Walk management office.
Questions?
For questions or assistance with the leasing process, please contact:
kyoung@teammgt.com
