Michael Stangl 
Member since May 1, 2017


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Re: “Condominium Conversions in Oakland Displace Renters and Undermine Affordability, According to Tenants and Housing Experts

From Costa Hawkins: (ii) A condominium dwelling or unit that has not been sold separately by the subdivider to a bona fide purchaser for value. The initial rent amount of the unit for purposes of this chapter shall be the lawful rent in effect on May 7, 2001, unless the rent amount is governed by a different provision of this chapter. However, if a condominium dwelling or unit meets the criteria of paragraph (1) or (2) of subdivision (a), or if all the dwellings or units except one have been sold separately by the subdivider to bona fide purchasers for value, and the subdivider has occupied that remaining unsold condominium dwelling or unit as his or her principal residence for at least one year after the subdivision occurred, then subparagraph (A) of paragraph (3) shall apply to that unsold condominium dwelling or unit.

The apartment/condo is still rent controlled, until it sells. If you read all of Costa Hawkins you will see that it doesn't break rent control with every condo or single family homes. A subdivistion is five or more units. Find a good lawyer.

Posted by Michael Stangl on 05/01/2017 at 1:13 PM

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