AgentRentals

Considerations for tenants facing condo conversion

Rent it Right
Published on Jun 21, 2012

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by CareyBot

Q: We're thinking of renting in a building that, rumor has it, may become condos. What do we need to think about? --Miguel and Sarah

A: Many states regulate the conversion of rental units to condos. They limit the number of conversions and give existing tenants first dibs on buying the units.

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