Converting an Apartment into a Condominium


My husband and I own an apartment and are considering turning it into a condominium. Can you give us any advice as to how to go about doing so?


Select a lawyer to draft the basic condominium documents and facilitate the process.

Given the recent increase in condominium lawsuits, it is important to retain an experienced lawyer to guide you through the process and prepare the documents necessary to establish the condominium, including the articles of incorporation for the condominium association, the bylaws for the association, the declarations of covenants, conditions and restrictions (this is the document that contains most of the rules governing the relationships among the condominium owners—it includes provisions for collection of assessments, the allowable uses of the condominium units, assignment of parking spaces, the use of common areas, etc.), and the public offering statement that must be given to purchasers of condominium units.

Answered over 8 years ago
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