re: OT - Forming a HOA

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Where the frick do you come up with all these assumptions?

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Here.

We have a home for sale two down from ours that is closing on Wednesday at 3:00pm. I have come to find out that the new buyer is planning to rent the house. For a number of reasons, we don’t want that happening (home values, instability of neighbors, maintenance and upkeep issues, etc). We have considered forming a HOA in the past, but this use issue may force it. I have read up on the hows and have a personal friend who is a real estate attorney and could draw this up quickly to get signatures in short order. My next door neighbor rents his home, which is fine. He gets good people in and he lived there years ago, so he’s kept it for sentimental reasons. We could write the rules up to allow for no more than 20% rental properties which covers his home, but doesn’t allow any others. I have read that some states require 60% of homeowners to sign and if that’s true in GA, the selling homeowner would not have to.

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Have you ever dealt with this issue personally?

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No, I'm not a nosey racist neighbor. Also, anyone with half a brain screens renters before renting. Simmer down, Francis. Not all darkies are bad people.