// --> // --> San Francisco Real Estate - Residential: Buying in the middle of the condo conversion process

Saturday, October 20, 2007

Buying in the middle of the condo conversion process

A reader asks:

How will new buyers be affected if they are purchasing a unit in a two unit building, in the middle of the condo conversion process?

Our reply:

I am unclear what you mean by in the middle of the condo conversion process. It is a very complicated process so I would recommend asking the condo attorney who is drawing up the CC&R's for that building. They should be able to tell you if there is any risk in losing your "1 year" occupancy requirement.

- Janis Stone

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