Is it INTENDED on being converted, or has it been actually announced and they are proceeding? The reason why I ask, is because I live in an apartment that has been “warning” us for the past two years that it is filing the plans to go condo. Recently (I believe in early 2006) the City of SD approved the project. However, they have not provided us with an official 180 days notice because they aren’t even sure that they want to proceed with the conversion.
Note, this apartment is in UTC, and you can read this website regarding all the failed condo conversions that are happening. I think they saw this and decided to remain as an apartment for now. They now have the right to move forward with the project at any time.
When/if they do, they have to give us 180 days notice. That is all they owe us. If you earned VERY little money, I think they would compensate you… but I remember it being VERY little (they wouldn’t even give you the apartment if you made that little). I recall reading that renters might get more rights in the future, but there isn’t much now.
Others will probably give their two cents. This board has very knowledgeable people in it.
