Condo Q&A

Condo docs say no rentals, but investors still buy and rent in building

Written by stephen polinsky | Fri, Feb 18, 2011 @ 01:14 PM
I live in Atlanta Ga. The board & property management company of my condo complex are allowing rentals even though our documents clearly state rentals aren't allowed. I have complained in writing, sent emails, & have had meetings with the board about this matter. They have done nothing. Because of the real estate market the price of my condo has lost about 60 percent of its value. Because they are selling at such a low price, investors are coming in, buying them cheap, and renting them out. What can I do to make them stop allowing illegal rentals. I didn't purchase here to live in a rental community. Can I sue the Association or Management company for allowing these illegal rentals?