Is every non-eviction plan different or is there a general rule on the changing of unsold shares to shareholder shares,which have to follow the rules in effect for the other shareholder units. The regular shareholders have to pay sublet fee's ,need approval to sublet, buyers and subletters must be approved by the board. To name a few .
I uncovered some self dealing where the rented apartment was being treated as unsold shares for about 25 years . Family members lived in the apartment for about 5 years prior to it being rented out. The by-laws and proprietary lease state that once. Family member occupies unsold shares it ceases to be unsold shares. I want to check and see if other units should be off the un-sold share classification.