Time will tell...

Thanks for the link. I think this might be the reference. It says four fifths.

https://law.justia.com/codes/georgia/2016/title-44/chapter-3/article-3/section-44-3-98/

And, condo docs say 2/3.

I'm told Georgia law is 80%, but I haven't seen the actual provision.

Today's new word is "deconversion".

https://www.google.com/amp/www.chicagotribune.com/classified/realestate/ct-re-0604-condo-living-20170530-column,amp.html

These thoughts are only my own and I'm not on the board. I am glad I generated a giggle.

Thanks for the input and I'm waiting to see what the board has planned.

And, I now understand why...

Here, my definition of illegal means not approved for rentals. We have a list, a waiting list, and some hardship cases that the board has approved based on individual cases. The holdouts are none of...

I was told they want to keep the building and convet it back to the original purpose - senior living. It's a great location, but during the dot.com bust we had a lot of foreclosures. Then, during the...

I've only seen my contract and no percentage is mentioned.

I've looked and looked in the condo docs. We've been told we have to have 100%, but I can't find that in writing.

I asked if out...

Market value is less than what we all the original owners paid 17 years ago, and the building is old-fashioned repairs are needed, and reserves are low. It's time to take the money and run. So many...

In this case, we are the others who have already signed. We have over 100 owners who want to sell, the value is above market price, and we have 5 owners who don't even live in the building who...

My question involves real estate located in the State of: Georgia