What To Know When You Buy or Sell a TIC-to-Condo Property
Planning to buy or sell a unit that will convert to a condo at closing? Here are two critical things to know.
Post Archive For
condo conversion
Condo Conversion Still Possible for TIC Buildings
The Board of Supervisors suspended the city’s infamous condo conversion lottery in 2013 until 2024, replacing it with an expedited conversion for eligible TIC groups….
All Deeds Must Record At Same Time for Condo Conversion
As the current crop of TICs converts to condos, I’m seeing many owners listing their TIC interests prior to the actual condo conversion of the…
You’ve Won the Condo Lottery–Now What?
The annual condo lottery took place in San Francisco earlier this year, resulting in suddenly lucky TIC owners winning the right to start the path to condo…
Sorting Out Post-Condo Lottery Confusion
Whenever San Francisco holds its annual condo lottery in February, the winning homeowners put their game plans together. Some immediately embark upon the condo conversion…
Join Next Week’s Condo Conversion Rally at City Hall
My friends at Plan C are organizing a rally on the steps of City Hall next week, in support of expediting condo conversion. Here’s the…
Condo Conversion Isn't Getting Any Quicker
No surprises here. Three- to six-unit building owners have the right to pursue condo conversion through a lengthy and time-consuming lottery system. A total of…