Renting residential property can have great perks for a tenant. Typically, you’re not responsible for home maintenance and costs of repairs. If something happens, like an appliance stops working, the toilet backs up,...
HOAs/Condominiums Want to Know: What is a Transfer Fee in North Carolina?
A common question that we get from developers, managers, and HOA Boards is “what exactly is a transfer fee?”
Although the term “transfer fee” is often used loosely to mean several different things, state statute defines the term generally to mean “a fee or charge payable upon the...
Short-Term Rentals in North Carolina and South Carolina HOAs and Condominiums
We live in an increasingly sharing world and culture. For a small fee we share rides to get to work, can leave our pets at someone’s house while on vacation, or we can rent our neighbor’s car, high-end household items like cameras or kitchenware, and even musical...