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Condo Conversion QuizTrue or false ? | |
Questions:
You should trust that city officials know the “rules” of a condo conversion. A condo conversion requires a zoning change. All cities have the same condo conversion rules. Existing tenants legally have the first right to buy the unit in which they reside. Condo conversions must be brought up to current building codes to be approved. A condo conversion is considered a subdivision. Condo conversions generally take 6 months to complete. In California, condo conversions are regulated on a state level. Converting an existing apartment building into a condominium can provide an affordable home ownership opportunity. You must have an attorney represent you for a condo conversion. If a proposed condo conversion does not meet every requirement of the city's condo conversion code you can't do it.Click on a question to see the answer