TOWNHOME LIVING in SMYRNA~VININGS AND GEORGIA #2 (Fee Simple vs condominium) - 01/18/07 08:04 AM
    
State and local governments, over time, have enacted numerous laws governing this community format. Furthermore, in many states, when a townhome  sale is in prgress, the law requires that the seller give the most updated version of the Declaration of Covenants and Deed Restrictions (condo docs) upon receipt of a sales agreement and with a stipulation of a 5 day right of recision in which a buyer may review in order to decide whether or not they are able and/or willing to comply.  In Georgia there is no such laws and subequently,  townhomes/condos are frequently resold without buyers even being aware of any Covenants and Deed Restrictions, excepting that there … (3 comments)

TOWNHOME LIVING in SMYRNA~VININGS AND GEORGIA #1 (Fee Simple vs condominium) - 01/18/07 07:54 AM

In the Northeast and midatlantic regions and most particularly the Baltimore, Washingtoin, DC metro areas,  the Townhome/condo communities phenomenon has been a viable aspect of the housing market makeup of  suburbia for many years. As a matter of fact, the Baltimore metro area was the first to create the large Townhome Community development concept in thesuburbs.
Long time experience with Townhome/condo communities in the suburbs,  for these regions, gave rise to new state and local laws, establishing greater oversight of this form of community and inherently resulting in increased consumer protection and awareness when purchasing one.
 With my recent move to the Atlanta metro area and my study of the current laws governing Townhome/condo communitites in the Atlana region accompanied with the recognition of  the expansion … (0 comments)

 
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Don Lantier~Broker/Owner of LantierRealty.com & HouseTour4you.com

Smyrna, GA

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Donald J Lantier Realty

Address: Smyrna, GA, 30082

Office Phone: (770) 434-7302

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All about the Housing Market by way of professional analysis and opinion with emphasis on Smyrna~Mableton~Vinings and greater Cobb County, Georgia



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