Leasing Limitations
Leasing is limited to 25% of the total units within the community, and a valid Lease Permit is required for any unit to be leased. Only owners with approved leasing permits are eligible to lease their homes. Owners who lease without a valid Lease Permit are subject to substantial fines. Please note that leasing permits are not transferable to new owners if you sell your unit.

Lease Permit Waiting List
There is currently a waiting list for available leasing opportunities. If you would like to be added to the waiting list, please email kyoung@teammgt.com. For those already on the waiting list or seeking further information, please also reach out to the management office at the same email.

Special Hardship Lease Requests
The Board of Directors may consider special hardship lease requests. To qualify for a hardship lease permit, the owner must have:

1. Listed the unit for sale with a MLS real estate brokerage and been actively attempting to sell.

2. Been unable to sell the unit except at a price below its current appraised market value, despite reasonable efforts.

3. Requested a hardship lease due to a temporary relocation or leave of absence with the intention to return to the unit.

Hardship leases are typically valid for up to 6 months, but may not exceed 12 months. Please note that if you have already been granted a 12-month hardship lease, an extension will not be considered.

Lease Addendum Requirement
Please be reminded that all leases must include a Lease Addendum which must be completed and filed in the PTW management office.

If you have any questions or need assistance with the leasing process, please do not hesitate to contact us at kyoung@teammgt.com.