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Cond-op Obsolete?Mar 07, 2008


I bought into a cond-op about 4 yrs ago. I always thought the idea of cond-op is a skirt around the 80/20 rule. Now that there have been changes (a loosening) of the 80/20 rule, what's the point of cond-ops? And will the rule change devalue existing cond-ops? We cannot get anymore income because we do not own commercial establishments. What can we do?

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