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File #: 140874    Version: Name: Administrative, Subdivision Codes ­ Tenant Buyout Agreements
Type: Ordinance Status: Passed
Introduced: 9/16/2014 In control: Clerk of the Board
On agenda: Final action: 11/7/2014
Enactment date: 11/7/2014 Enactment #: 225-14
Title: Ordinance amending the Administrative Code to require landlords to provide tenants with a disclosure of the tenants’ rights before the landlord commences buyout negotiations; to require landlords to file a form with the Rent Board indicating the address of the unit that may become the subject of buyout negotiations; to require all buyout agreements to be in writing and to include certain statements about the tenant’s rights; to allow tenants to rescind buyout agreements for up to 45 days after the agreements are fully executed; to require landlords to file a copy of buyout agreements with the Rent Board; to require the Rent Board to create a publically available searchable database of buyout agreements; to require the Rent Board to provide an annual report to the Board of Supervisors regarding tenant buyouts; to authorize tenants to bring civil actions for actual damages and civil penalties against landlords who fail to provide the required disclosures about the tenants’ rights; to authorize certain non-profits to bring civil actions for a landlord’s failure to file a buyout agreement with the Rent Board; and amending the Subdivision Code to prohibit buildings from entering the condominium conversion lottery if the owners of the building have entered certain tenant buyout agreements.
Sponsors: David Campos, John Avalos, Jane Kim, Eric Mar
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Leg Ver2, 4. Leg Dig Ver2, 5. Publication notice, 6. Comm Pkt 100814, 7. Leg Ver3, 8. Leg Dig Ver3, 9. Board Pkt 102114, 10. Leg Ver4, 11. Leg Dig Ver4, 12. Board Pkt 102814, 13. Leg Final
Legislation Details
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