When does the new owner have to provide relocation benefits?

A new owner would be required to pay relocation assistance if during the three-month tenant notification period the new owner:

  • Raises the rent and the tenant terminates his or her rental agreement due to the rent increase;
  • Requires existing tenants to be re-screened or comply with new screening criteria and the owner or tenant terminates the tenant’s lease;
  • Does not renew the tenant’s rental agreement without cause; or
  • Imposes a material change in the terms of the lease and the owner or tenant terminates or does not renew the tenant’s lease.

Relocation assistance may also be required if material changes to lease terms are implemented by new ownership in the first 30 days immediately following the end of three-month tenant notification period IF such changes were not disclosed in the notice.

Show All Answers

1. What is the Tenant Notification Ordinance?
2. What would it mean for renters?
3. Why would this ordinance be adopted?
4. When would the ordinance apply?
5. Who needs to be notified?
6. Are there income restrictions that apply?
7. Does a tenant have to move out during the 3 month notification period to qualify for relocation assistance?
8. Would the ordinance apply if a building changes property management?
9. When does the new owner have to provide relocation benefits?
10. Do property sales include transfers of ownership to family members, or as the result of inheritance?
11. Does the ordinance apply to bank-owned or foreclosed properties?
12. What is my responsibility as a SELLER of a rental property with 5 or more units?
13. What are my responsibilities as a BUYER of a rental property with 5 or more units?
14. Can I raise rents, facilitate non-renewals without cause, make material changes to the lease, or re-screen existing residents during the tenant notification period following the ownership transfer?
15. Are there any restrictions after the 90-day tenant notification period expires?
16. If a lease expires during the three-month notification period, can I raise the rent?