Clearly, it is necessary to protect the interests of each unit owner. However, over the years it has become clear that it is also necessary to provide some way in which the entire condominium project could be rebuilt, or sold, when that is the appropriate course. Keeping in mind the necessity of protecting the individual unit owner, as well as the need to be able to rebuild or sell the entire project when necessary, draft an appropriate buy-out provision (or "obsolescence clause") to be included in new condominium declarations. As you begin drafting an appropriate provision, you may want to look at the Pointers for Drafting that follow. POINTERS FOR DRAFTING A BUY-OUT PROVISION TO BE INCLUDED IN CONDOMINIUM DECLARATIONS There are at least seven things to consider when drafting a buy-out provision to be included in condominium declarations