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File #: 191281    Version: 1 Name: Administrative Code - Tenant Buyout Agreements
Type: Ordinance Status: Pending Committee Action
Introduced: 12/17/2019 In control: Land Use and Transportation Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Ordinance amending the Administrative Code to classify certain types of unlawful detainer settlement agreements as “Buyout Agreements;” require the Rent Board to provide more information on the disclosure form that landlords must give to tenants before buyout negotiations commence; require landlords to give the disclosure form to tenants a certain number of days before the Buyout Agreement is executed and to verify to the Rent Board that the disclosures were provided; and allow a tenant to invalidate any provision of the Buyout Agreement in which the tenant waived their rights if the landlord did not timely file the Buyout Agreement with the Rent Board.
Sponsors: Hillary Ronen, Dean Preston, Sandra Lee Fewer, Matt Haney , Aaron Peskin
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Referral FYI 123119
Legislation Details
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