As a real estate broker that focuses on the Midtown Atlanta condominium market, I am often contacted about Midtown Atlanta Condos For Rent. Or lack thereof. Or not in the building I want. So, what exactly is involved in renting a Midtown Atlanta Condo?
First off, it’s important to understand that a condominium building (or as we like to refer to them as communities) is NOT an apartment building. A condominium is a form of real property where a specified part of a piece of real estate (usually the part you actually occupy) is individually owned while use of and access to common facilities in the building such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece. In short, we call that “common elements” or “limited common elements.”
In an apartment building, a tenant pays rent to some corporate entity that owns the entire building and all its components like hallways, pool and more.That said, in cities like New York City, most rentals are referred to as apartments even though they may be in a condo or co-op form of ownership.
So when you are searching for a Midtown Atlanta Condo For Rent, you are looking for an individual owner that is willing to rent you their HOME, which comes with some pretty nice amenities. (usually) It is also important for you to know that almost all condominium buildings have a restriction or “cap” on how many of the homes can be rented at any given time. As a result, when we receive a call that a potential tenant wants to live only in Spire Midtown or Viewpoint Midtown, we may not be able to assist them. It’s not like calling up the leasing office of the apartment complex and checking if they have an apartment available. If there are no homes available, we do not have anything to show you.
Also, when searching for your Midtown Atlanta Condo For Rent, you want to make sure that the home is an approved rental. What does that mean? The owner has approval from the HOA Board to lease their home legally. If you happen to lease directly from an owner and they do not have this approval, you could be evicted from the unit if the homeowner is discovered to be in violation of the building leasing policy. You should always ask to see a copy of their leasing permit.
When renting a Midtown Atlanta Condo, most of the time your landlord is paying the monthly HOA fees that cover the above mentioned use of the “common elements” or areas like the elevator, pool and fitness center. Should your owner suddenly stop paying these fees, you could find yourself standing in the lobby, locked out of the very place you are renting! Scary thought? It might be wise of you to check with the property manager of the building you are living in (or considering) if the owner is current with their payment of these fees.
When I work with you in finding a condo to rent, I assist you in checking all these items and obtaining the necessary information for you. Additionally, if I am representing a homeowner in the rental of their condominium, I make sure I have all these documents for a prospective tenant.
If you are looking for Midtown Atlanta Condos For Rent, rather than call 10 or 15 agents to see 10 or 15 condos, you can call just one, who can show you what’s on the market. Now, as a disclaimer, if something is for rent and is listed only with the owner, I may not be able to show you that particular home as the owner is not willing to pay anyone to assist them in renting their place. Again, Buyer (or Tenant) Beware!
If I can help you with your search for a Midtown Atlanta Condo For Rent, please contact me!
If I can help you LEASE your Midtown Atlanta Condo, I’d be happy to discuss our Marketing with you!
Serrano Condominiums Mediterranean villa inspired design have alot going for them AND their location. Located just off GA400 at Abernathy Road, makes getting pretty much anywhere in Atlanta a breeze. Even if you work in Midtown of Buckhead, it’s a straight shot south on GA400. You could even walk to the Sandy Springs Transit Station of MARTA and take the train! Your close to Perimeter Mall, as well as some major corporate centers like United Parcel Service, Newell Rubbermaid and Kaiser Permanente to name a couple! Or if you happen to work NORTH of Atlanta in Alpharetta, you’ll have a majority of your commute against rush hour traffic.
In my last post, we started to review the Consumer Protection Brochure that all Georgia real estate agents must provide to their Buyers. 
Buy an Owner’s Title Insurance Policy
OK, so Protect Yourself When Buying a Home is a pretty long Real Estate Term to Know in Georgia. Actually, it’s a Consumer Protection Brochure that has been produced by the Georgia Association of REALTORS. In the past, it was optional for REALTORS or real estate agents to provide this to their Buyers. As of the 2011 printing of the Purchase and Sale Agreement, it is now part of the actual real estate contract.
It would seem pretty common sense, right, that you would keep such things? Well, when you sign the Purchase and Sale Agreement, you have created a legally binding contract with time lines and dates that must be followed. Plan to have a file or notebook where you can keep ALL the documents related to your sale. In case you might lose them, you could also consider scanning them and having them on a computer, backed up to a service like 
You should take time, both with your agent and by yourself to get to know the neighborhood where you are going to purchase your home. There are many factors to consider. In an urban environment like Midtown Atlanta, you might want to visit the area both during the day, and at night to determine if there are any noise issues from surrounding businesses or highways. What is the proximity to a major highway or transit station if you commute to work? Being a long distance from a major highway can add travel time to your commute. Where is shopping, dining, gas stations and other services you might need? If there is vacant land near the building you are looking to purchase in, are there any known plans for that land? A knowledgeable agent like me that works the Midtown market can help you determine these things. Also, you can contact local government planning officials that might have new information about potential plans for development.
This is an important piece of information we want to have when we are looking to make an offer on the home or condominium you are looking at. There are two different disclosure statements, one for single family homes and one for condominiums. They are relatively the same, but there certainly ARE differences between buying a home and a condo. For this series, we’ll focus on the Sellers’s Condominium Disclosure Statement.
While most Midtown Atlanta Condominium communities were built with “one parking space per bedroom” that is not always the case. One building was built in Midtown Atlanta and the developer mis-calculated the number of parking spaces, and there are two bedroom homes that only have ONE PARKING SPACE! (Tough re-sale issue!) You always want to know how many spaces you have, and where they are located in the garage. Also, this is a good time to ask about guest parking. (The arrow shows the garage portion of 