Here is all of the language of it, good luck figuring it out ha: https://www.somervillema.gov/sites/default/files/updated-draft-condominium-conversion-ordinance.pdfMight be helpful to say that it looks like it will be very helpful to you if you can make this an owner occupied project as well although that is not required maybe? 

For folks in Rhode Island who are skeptical or want more information, it is in fact basically free money, a $17,500 grant:"applicants must be first-time homebuyers purchasing a 1-4 family home or condominium in Rhode Island; meet income and credit score guidelines; and must live in the home as their primary residence.

What is a fair valuation model for a 180 unit condominium located on a very large parcel of land (525,000 buildable sq ft), in a prime suburb, and specifically located in its highest demand neighborhood for new condominiums?

@Alex Castillo the best "short-term" option in Henderson/Las Vegas are fully furnished condominiums where the HOA allows lease terms as short as 30 days. 

Most banks don't like giving loans on condominiums with lots of rental units, because the landlord owners refuse to properly set aside reserves for repairs (cuts into their profits).

A good story: The management company for the HOA for the house we bought in Las Vegas last year sent a letter saying that we could hold off on dues for a few months, as they had too much money (banks paying back dues and penalties).The situation in Minsk is similar to that in Vilnius - an unfinished (just pipes sticking out with no wall finishes in the kitchen and bathroom, concrete floor) condominium (they call them flats) on the main shopping street for $500,000!

Landlords need to give notice to their tenants of the exemption.Properties in this situation include non-owner occupied condominiums, single family homes, and other properties that are "separately alienable from title" (that's a standalone property that can be sold on its own).

I am selling my office condo at below La Plata County assessment for quick sale:  Business condominium located in a prime central location just off of Main Ave in Durango, CO.

The terms of this chapter apply to individual dwelling units within a building, including condominium or cooperative units in the process of being converted, or having been converted, rather than to an individual tenant occupying a dwelling unit.Exceptions.

-Total dollar volume for full-year 2022 fell just 1.5 percent to $39.3 billion;-December single-family home sales fell 32.6 percent year-over-year with 6,378 units sold;-Total December property sales dropped 34.5 percent to 7,634 units;-Total dollar volume for December fell 32.4 percent to $2.9 billion;-At $330,000, the single-family home median price rose 3.8 percent;-The single-family home average price climbed 5.1 percent to $409,777;-Single-family homes months of inventory expanded 2.7-months supply;-Townhome/condominium sales spent the latter half of 2022 with declining sales, and in December, volume fell 46.1 percent with the average price down 6.6 percent to $241,502 and the median price down 2.3 percent to $214,999;-Townhome/condominium inventory grew from a 1.7-months supply to 2.0 months.