Tasso Eracles, CEO, Simerra Property Management Inc. talks about the pitfalls of condo conversion and how to avoid them. As well, he discusses reserve fund issues and a property manager role’s during and after a conversion takes place.
Stephen Karr, partner, Harris Sheaffer LLP addresses the steps a developer that wishes to complete a condo conversion should take. He also discusses safeguards for tenants confronted by conversion plans.