Ordinance No. 18655 - Laserfiche WebLink

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I$655 2. Rented for an amount na more than one hun- dred twenty percent [1200 of the last month's rent paid by the tenant to the owner o~ the property to be converted. Rent shall not include money paid or charges collected by the lessor for the provision of utility services. 3. The same number of bedrooms. 4. Similar kitchen and bath facilities. 5. Similar special facilities for the particular tenant's needs if that tenant~is handicapped or elderly, including but not limited to elevators and security features. 6. Similar cooling and heating systems. 7. Similar accessibility in terms of time of travel and distance from public transportation routes to the tenants place of employment, community and commercial facilities, schools, medical services and transportation. 8. Such other factors as may be identified in administrative rules issued hereunder. A unit is not comparable if it is located in a building for which a notice of planned conversion has been given or for which reasonable evidence exists that the owner of such building is contemplating conversion to condominium or cooperati~re units. "Comparable housing" does not include: any hotel,~motel or other similar structure or room therein used primarily for transient occupancy, in which at least 60n of the rooms is devoted to living quarters for short term tenants or guests or used for transient occupancy; any rental unit in an establishment which has as its primary purpose the providing of diag- nostic care and treatment of diseases, including but not limited to hospitals, convalescent homes, nursing homes and personal care homes; or any dormitory or in- stitute of higher education, or private boarding school dwelling unit which is pro~rided for student occupancy. Condominium -- land, whether leasehold or in fee simple and all buildings, improvements, and structures thereon, where the ownership of such land is shared in undivided interests except far exclusive and separate ownership ar right of residency of each residential unit located an the land. "Condominium" shall include all property subject to the provisions o~ Cregon Z,aws, 1979, Chapter 650, and co- operative housing units. Condominium Tr~struments ~- the declaration of unit own ership as described in CRS 91.509 any supplementary a~nfor- Ordinance - 6