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Thread: Landlords

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  1. #1
    Join Date
    Jan 2006
    Location
    Marin County CA
    Posts
    5,936
    Quote Originally Posted by surlypacer View Post
    We have lived in this apartment for 5 years (month to month). I'm starting to hear things about the landlord selling the place and the new owner want to make these into condos. We have a small real estate boom going on here (due to oil and gas drilling) amid all the housing crisis in the rest of the country.

    There was a surveying crew here this week. I asked them what they were doing and they were surveying and measuring it for condos, they said.

    I'm not sure what people look for in condos. These apts are in ok to mediocre condition. Most are <1000sq ft. They all need new windows and doors. The windows are single pane and let the cold in. Heat had been included in the rent, so they all heat off one or two boilers. They also share water heaters. Can condos do that? None of them have washers and dryers in them, they have to use a common room of them.

    (Caveat, all my information is based on California law, but the UBC applies to everyone so I am fairly confident in making generalizations.) Condos can't share water heaters, boilers, etc. so condo conversion will often involve a substantial amount of construction - new plumbing and gas lines, for example. Depending on how old the apartments are, the construction can be substantial - taking the units down to the studs to upgrade for revisions to the building codes including firewalls (new drywall), new windows, doors, roofs and exterior siding. From what you've described, these units simply couldn't be sold as condos in the condition they're in. They don't meet code.

    I would not expect that anyone could live in the units while conversion is going on. If your lease is month to month, I would not be surprised if the new owner terminates the lease. Sorry.
    Sarah

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  2. #2
    Join Date
    Nov 2005
    Location
    Between the Blue Ridge and the Chesapeake Bay
    Posts
    5,203
    Quote Originally Posted by maillotpois View Post
    (Caveat, all my information is based on California law, but the UBC applies to everyone so I am fairly confident in making generalizations.) Condos can't share water heaters, boilers, etc. so condo conversion will often involve a substantial amount of construction - new plumbing and gas lines, for example. ...
    Not the case in Virginia. But it's more cost effective to renovate when all the units are empty. There are laws (in US) about relocating tenants, but with month-to-month, I don't think it applies.

 

 

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