Dubuque currently has a local code that requires compliance with current building codes for conversion to condominiums based on State Code 499B.20.

--- In IowaAPA (AT) yahoogroups (DOT) com, ppoorman@... wrote:
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> Andrea's right about Des Moines, we have been concerned about this for a number of years as it causes a loss of property tax revenues in the conversion from commerical taxes to residential taxes. In fact, I believe county assessors have approached the legislature about this conversion/tax problem and tried to get changes. So far nothing has been changed.
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> Lots of buildings in Des Moines have been converted, but all conversions must be approved by the building department and meet the current building code of the jurisdiction.
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> -----Original Message-----
> From: r_rich_r <rrussell@...>
> To: IowaAPA (AT) yahoogroups (DOT) com
> Sent: Tue, Jan 19, 2010 8:38 am
> Subject: [IowaAPA] Conversion of Apartments to Cooperatives
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> I recently heard of a conversion of an apartment complex to a cooperative.. I suspect this was done to get the property classified as residential instead of commercial for property tax purposes.
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> Does anyone have specific instances where this has been done?
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> Have any jurisdictions done anything to make this a less attractive option?
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