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Below are the basic steps to convert an existing building to condominiums.  I can assist my clients with all of the required steps.

• Hire an engineering firm, surveyor, and architect to prepare the necessary surveys, maps and plans. Usually it is better to choose professionals in your locale as each City has particular requirements that must be met.
• Obtain legal counsel to prepare the condominium declaration, articles, and bylaws to be submitted to the Department of Real Estate ("DRE"). Certain attorneys and firms already have master documents on file with the DRE which allow for faster and smoother processing of your subdivision application.
• Order a structural inspection by an independent architect or engineer to ascertain the present condition of all structural components of the Property. This Report is usually provided to the City in which the Property is located and is always attached to the disclosures provided to prospective buyers.
• Determine whether to make any repairs or improvements to common areas.
• Apply for permits when necessary.
• Determine need for interim financing since you must be in position to pay off underlying financing (and other liens) or get partial releases as units are conveyed.
• Submit the tentative map to the local municipality for approval.
• Prepare and deliver the variety of notices to the existing tenants including the 180 day notice of intention to convert, 60 day notice of intent to file for tentative map, 10 day notices prior to public hearings. Failure to deliver such notices could result in significant delays in the approval process.
• Hire a professional to prepare a Homeowners Association budget and conduct a reserve study for submittal to the DRE.
• Identify an Escrow and Title Company to assist with the submission of the Application for Public Report from the DRE.
• Record the Final Map.
• Set prices for units.
• Prepare sales materials.
• Sell the units to existing tenants and the general public.

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