Here’s my attempt at answering all of house questions.
1. I think it’s not as prevalent now as it was 1-2 years ago. Now, there’s even talk about reverting the conversion back to apartment.
2. I was leasing last year when the complex told everyone they’re converting. They usually do it in phases. We had about 6-8 months left on our contracts and they told us that we can finish our lease. After that, we can stay on month to month. So until they find buyers for your unit, they would not be converting it and kicking you out. That would be too costly for them to have units stay empty.
3. I don’t know exactly what’s the differences but at least condos supposed to have much better insulation and walls supposed to be a certain thickness between residences.
