Ordinance No. 19469 - Laserfiche WebLink

Home Browse Search

Unit Owner. A developer who owns a unit or share, a person to whom ownership of a unit or share has been conveyed, ar a lessee of a unit in a leasehold condominium whose lease expires simultane- ously with any lease the expiration or termination of which will remove the unit from the condominium, but not a person having an interest in a unit or share solely as security for an obligation. 2.1062 Condominium Conversion - Sco a of Re ulations. Sections 2.1060 to 2.1084 of this code shall be applicable to all conversions of rental housing units to condominiums for which a declaration of unit ownership under state law is filed after June 16, 1980. Sections 2.1060 to 2.1084 of this code apply to the conversion of rental housing units to cooperative apart- ments, including limited equity stock cooperatives and market stack coopera- t~ve units, where articles of incorporation are filed and shares are sold after June 16, 1980. Sections 2.1060 to 2.1084 of this code d0 not apply to any condominium conversion granted an exemption from the operation of the moratorium under Ordinance No. 18535 and for which project either a public report issued under Oregon Laws, 1977, ch. 484, section 6 or a waiver thereof issued under Oregon Laws, 1977, ch. 484, section 9. 2.1064 Condominium Conversion - Limitations. ~1} Notwithstanding any other provision of law, no person may con- vert nor shall the city permit the conversion of any rental housing unit in the city into a condom~n~um or cooperative housing unit except as provided in sections 2.1060 to 2.1084 of this code. Any developer or other person seek- ing to convert an existing structure to condominium or cooperative ownershi shall first a 1 for and ~ ~ p .pp y obtain from the city a condominium convers~an per- m~t. A permit shall be issued by the city manager, or hearings officer upon appeal or review, after it has been determined that the existing structure and plans conform to all applicable provisions of law and this code. A er- mit ma not be transferee p y d or said unless such transfer or sale is first approved by the city manager. ~2~ No earlier than 34 days prior to the formal filing of an appli- cat~on for a permit, and concurrently with its delivery to the tenants, the developer shall deliver to the city a copy of a notice of planned conversion and an affidavit providing a list of tenants who received the notice and showing the date or dates of delivery or intended delivery of the notices to the tenants. The notice shall contain written information describing in general: ~a} What steps and actions the developer and others, includ- ing governmental agencies, will or must take in order for the building to be converted to a condominium ar stock cooperative; ~b~ How the tenant will be involved, informed, and assisted at each step in the process; and ~c} What rights the tenants have, whether mandated by law or voluntarily provided by the developer. The not ~ ce shall be ~ n pl a~ n and simple 1 anguage, and contain any additional or specific information required by the city under administrative rules issued hereunder. ~3} After the notice of planned conversion is given and prior to renting any unit, any prospective tenant shall be notified by the develo er p Ordinance - 6