Property Management
A NH rental property owner who wants to convert their building to condominiums is subject to the requirements of:
AOnly the NH Real Estate Commission
BNH's Condominium Act (RSA 356-B) including tenant notification rights and public offering statement requirements✓ Correct
COnly federal HUD regulations
DNo specific regulations — conversion is unrestricted
Explanation
Condominium conversions in NH must comply with RSA 356-B, which requires tenant notification, provides purchase rights to existing tenants, and mandates a public offering statement disclosing material information about the new condo development.
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