NC Court of Appeals Strikes Down Leasing Restriction for Mountain Resort Condominium

By Michael S. Hunter With the growth of Airbnb, VRBO and other web-based short-term leasing platforms over the last several years, many communities have had legitimate concerns with the impact that short-term leasing has on the character of their communities. Complaints about misbehaving tenants, overcrowding, loud parties late into the night, and other problems (even […]

Corporate Transparency Act – HOAs and Condominiums Need to Prepare For New Federal Reporting Requirements

In 2021, in the wake of scandals involving the use of shell companies to hide assets, Congress passed legislation known as the Corporate Transparency Act (the “CTA”). The broad legislation is aimed at people who use LLCs and corporations as “shell” companies to hide assets. For years the legislation sat dormant while official guidelines were […]