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Condo Conversions Easily Explained - Part 1 of 2 | Jason Muth + Rory Gill
What exactly is a condo conversion, you ask? You have come to the right spot!
We have a two-part conversation about condo conversions.
What is a condo conversion?
Dividing up existing real estate into different pieces (not by lot line) so that they can be sold or owned separately.
It’s not a physical difference - just a legal one.
Why would you do a condo conversion? (Hint - If it’s more profitable to sell units separately).
Some planning is involved for marketability - Separate utilities, Level of finishing, Sensible layouts and amenities
How to do it: three items needed
Master Plan - as…
The skinny
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