Whether you are a developer, home builder, or a member of an HOA, you should check out the recent NC Court of Appeals opinion on amendments to restrictive covenants to regulate short-term rentals. This article provides a quick summary and issues to think about when you are organizing a new HOA and when you are considering amendments to established restrictive covenants.
Morgan Rogers, Laura Goode, and Tom Quirk provide insights into a new North Carolina Court of Appeals opinion that affirmed a trial court’s ruling that an amendment by an Asheville, NC-area HOA that banned short-term rentals was unreasonable and, therefore, unenforceable. Read more here: https://lnkd.in/eppD3psV