Monday, April 10th, 2017 at 6:48pm
2-4 Unit Condos
This site explains the standard requirements for condo approval.
But for a condominium with only two, three, or four units, the requirements change in the following ways:
- For an existing condominium that is not new, it does not matter how many units owners are owner occupants. But for a new 2-4 unit condo, only one unit owner may be an investor.
- We are not required to analyze the budget on a full or limited review.