News & Articles

Coming Soon: A Wave of Condominium Conversions By: Michael J. Zenner, Esq. During the Great Recession and its immediate aftermath, the construction of both apartment buildings and condominiums came to a virtual standstill. With the economy now on the mend, cranes once again dot the skyline of Atlanta. Most of the new multifamily residential buildings […]

BY MIYE JOHNSON YI The effects of a difficult economy driven by a substantial downturn in the housing market and the rise of investor owned properties are making it challenging for many community associations to effectively enforce covenants prohibiting and/or restricting the leasing of property.These real estate investors include private individuals who wish to rent […]

Going Green to Save Gr$$n – LED Lighting Marvin P. Pastel, II, Esq. Introduction to Green Six years ago when I first heard about legislation requiring the phase out of incandescent light bulbs and their replacement with new $40 light bulbs, I thought to myself; “this is crazy, who would pay $40 for a light […]

A Smooth Transition – Tips for a Successful Turnover By: Miye Johnson Yi Turnover, sometimes called transition, is the formal transfer of control of a community association from the developer to the owners.For many associations, turnover is a highly anticipated event because the owners finally have control of and responsibility for the day to day […]

BANKRUPTCY AN OPTION FOR COMMUNITY ASSOCIATIONS? By: Miye Johnson Yi Things are not looking good for your association. Your association is in such a dire economic crisis that it is unable to fulfill its financial obligations. Forget about landscaping, maintenance and operation of any amenities, and fees for management services. Your association is barely able […]

Entity Ownership and Leasing Restrictions By: Michael J. Zenner, Esq. In the aftermath of the Great Recession, many community associations are faced with an increased number of units or lots owned by corporations, limited liability companies and other legal entities. Some of these entities are family trusts or limited liability companies established for estate purposes […]