SEC. 1388. TENANT INTENT TO PURCHASE.

§ 1388

ControversialCould be simpler
In plain language

Conversion of rental buildings to condominiums requires that at least 40 percent of tenants submit written intent-to-purchase forms, with any inducements the subdivider offers disclosed and made binding conditions of approval. Tenant intent forms become irrevocable once signed, though the Director may invalidate forms obtained through coercion, fraud, duress, misrepresentation, or threats.

Before a landlord can convert an apartment building to condos for sale, at least 40 out of every 100 tenants must sign a form saying they want to buy their unit. If the landlord offers tenants special deals or benefits to sign these forms, those offers have to be written down and become public record—and the landlord has to follow through on them if the conversion is approved. Once a tenant signs the form, they can't take it back, unless the landlord used pressure, lies, tricks, or threats to get them to sign.

  • Controversial:Tenant right-of-first-refusal and conversion requirements are actively debated in San Francisco housing policy, with tenants' advocates and housing groups having strong positions on protections.
  • Could be simpler:The section could clarify whether the 40 percent threshold applies to occupied units only, units with valid leases, or all deed-restricted units, as the language about renewable lifetime leases adds calculation complexity.

AI-generated · claude-haiku-4-5 · informational only, not legal advice.

Official text

(Amended by Ord. 161-01, File No. 010891, App. 7/9/2001; Ord. 281-04, File No. 041353, App. 12/1/2004)

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