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