[WSBARP] Converting from Condo to Fee Simple?

[Craig Gourley]

If all lots are owned by one person it is pretty simple, if not you end up in a tenancy in  common situation. We "uncondoed" several apartment buildings during the crash when the conversions did not sell.
The property taxes were less on the multifamily designation than indivdual condos. Simple one page declaration of termination of condominium.


Sent from my Verizon, Samsung Galaxy smartphone


-------- Original message --------
From: Rob Rowley <rob at rowleylegal.com>
Date: 5/17/18 1:38 PM (GMT-05:00)
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Converting from Condo to Fee Simple?

How exactly does one go about converting a condominium (from 20+ years ago) into fee simple lots?

A developer client has the opportunity to convert a largely failed rural recreational condominiums into fee simple title lots which he can build with single-family residences.

Statute you can point me to do?

Who has experience in this area for a referral?

Thank you.


[image002.jpg at 01D33EAD]Robert R. Rowley | Attorney at Law
7 S. Howard St, Suite 218
Spokane, WA  99201
Telephone: (509) 252-5074
Mobile: (509) 994-1143
Facsimile: (509) 928-3084
Email: rob at rowleylegal.com<mailto:rob at rowleylegal.com>
Web Site: www.rowleylegal.com<http://www.rowleylegal.com/>

Practice concentrated on business, real estate and general legal matters in Washington and Idaho.

[cid:image003.gif at 01D33EAD.3FB3F920]<https://www.facebook.com/rowleylegal>[cid:image004.gif at 01D33EAD.3FB3F920]<https://www.linkedin.com/pub/rob-rowley/11/172/b20>[cid:image005.gif at 01D33EAD.3FB3F920]<https://twitter.com/ROBERTRROWLEY>[cid:image006.jpg at 01D33EAD.3FB3F920]<http://www.yelp.com/biz/robert-r-rowley-spokane>

NOTICE: The contents of this message and any attachments may be protected by the attorney-client privilege, work product doctrine or other applicable protections.  If you are not the intended recipient or have received this message in error, please notify the sender and promptly delete the message.  Thank you for your assistance.
DISCLAIMER: You should recognize that responses provided by e-mail means are akin to ordinary telephone or face-to-face conversations and do not reflect the level of factual or legal inquiry or analysis which would be applied in the case of a formal legal opinion. A formal opinion may very well reach a different conclusion.


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180517/1ed0ee2a/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.gif
Type: image/gif
Size: 1317 bytes
Desc: image003.gif
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180517/1ed0ee2a/image003.gif>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.gif
Type: image/gif
Size: 1295 bytes
Desc: image004.gif
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180517/1ed0ee2a/image004.gif>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.gif
Type: image/gif
Size: 1351 bytes
Desc: image005.gif
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180517/1ed0ee2a/image005.gif>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image008.jpg
Type: image/jpeg
Size: 2548 bytes
Desc: image008.jpg
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180517/1ed0ee2a/image008.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image009.jpg
Type: image/jpeg
Size: 1056 bytes
Desc: image009.jpg
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180517/1ed0ee2a/image009.jpg>