Originally Posted By: cnounnan
This post was automatically imported from our archived forum.
What needs to be done in an apartment to condo conversion? What about electric?
What needs to be done in an apartment to condo conversion? What about electric?
Originally Posted By: whandley
This post was automatically imported from our archived forum.
Wow, great question. Requirements vary depending the municipal body
involved. An excellent research case would involve the City of
Huntington Beach, CA. They’ve recently discovered hundreds of four-plex’s illegally converted to condo units without their knowledge, permission, permits, oversight, etc. The fee’s involved ranged from
$15K to $18K per unit. This did not include necessary changes involving electrical, fire wall, parking, landscaping, exterior pedestrian access and or structural upgrading and or improvements. The Huntington Beach Case is interesting because, it involved fraud by Realtors, Sellers and/or Title, Escrow and Lending personal. They sold the units to unsuspecting Buyers without disclosing the units were not converted legally. The FBI
is currently involved and several involved parties are being prosecuted. Refer to your local building department for specific information on conversion requirements in your area.
