---
title: Timeshare investors try to buy controlling interest in condo building
description: Has anyone had any experience with investors attempting to gain a controlling percentage of units? We have been advised that a group of investors is acquiring units
---

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# [Timeshare investors try to buy controlling interest in condo building](https://www.condoassociation.com/blog/tabid/19257/bid/96371/Timeshare-investors-try-to-buy-controlling-interest-in-condo-building.aspx)

 Written by [stephen polinsky](https://www.condoassociation.com/blog/author/stephen-polinsky) | Tue, Mar 19, 2013 @ 11:28 AM

Has anyone had any experience with investors attempting to gain a controlling percentage of units? We have been advised that a group of investors is acquiring units in our community and turning them into vacation rental properties. We have been advised that the goal is to obtain a conditional use permit from the city which will allow them to operate as a vacation rental/timeshare property once they have purchased the necessary number of units. Our zoning does allow for timeshare uses. Has anyone heard of this happening? We are located in a tourist area.

[View full post](https://www.condoassociation.com/blog/tabid/19257/bid/96371/Timeshare-investors-try-to-buy-controlling-interest-in-condo-building.aspx)

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