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After last month’s Condo Conversations, we received a reader question that provides the topic of our discussion this month. The issue is about the complex nature of renting a condo unit and clarifies ...
When a landlord or condo association decides to convert rental units into individually owned condos, the process usually begins with a formal notice to tenants. In most states, renters are given ...
A condo deconversion is a real estate transaction in which a savvy investor acquires an entire condo building through a bulk sale to turn into rentals. This investment trend has been seen in Florida ...
Condo conversions—once a go-to strategy for turning renters into homeowners—have slowed in recent years. As housing prices soared and interest rates climbed, many landlords held on to their units and ...