If nobody is willing to buy the stock, and the selling continues, the stock goes down down down, all the way to .0001â¦ and then, when nobody is willing to buy, not even at .0001, the bid disappears. These are âno-bidâ stocks, and typically their asking price, or offer, then becomes .0001.
Developers and builders must post a Notice of Intention to Register a Condominium in a construction trade newspaper five to 15 days prior to sending the package description to the municipality where the condo is located.
To be eligible for FHA certification, condominium projects must consist of two or more units, be fully completed (100% built out), and over one year old. In the case of a phased condominium project, the initial phase must be completed and over one year old.