Fractured Condominium

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January 1, 1 7 min read Definitions

Fractured Condominium Housing Development Condominium Conversion Rental Apartments Real Estate Investment Mixed-Use Property

A fractured condominium refers to a housing development in which some units are rented out as apartments while others are sold and occupied as owner-occupied condominiums. This situation typically arises when a developer's attempt to sell a majority of units as condos fails, resulting in a mixed-use scenario.