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The Death of a Condominium: The Next Frontier for Real Estate Markets
Journal article   Open access   Peer reviewed

The Death of a Condominium: The Next Frontier for Real Estate Markets

H. Shelton Weeks, Raymond Placid and Sean Ellis
Journal of real estate practice and education, Vol.27(1)
12-31-2025

Abstract

The process of terminating a condominium is subject to regulations that vary from state to state.The termination of a condominium has significant negative implications for unit owners thatutilize the units as a principal place of abode. On the other hand, condominium terminationsprovide a substantial investment opportunity for real estate professionals interested in potentialredevelopment of condominium properties. This article provides an overview of the condominiumtermination process noting some of the challenges likely to be encountered along the way.
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