Condo conversions in Daly City

The report, to be given to all the tenants, shall specifically state what assistance will be provided to the elderly, handicapped and other tenants who may encounter difficulty finding new quarters. The subdivider shall also consider procedures that would allow hard to relocate tenants to remain as tenants, or that would give such tenants additional time for permanent relocation after termination of tenancy due to the conversion.

At least sixty days prior to filing a use permit or tentative subdivision map for a conversion, the subdivider shall notify all tenants, individually and in writing, of the building to be converted, the notice to contain the following information:

That the tenants, as of the date of the application filing, have an exclusive preemptive right to purchase a unit upon the same or more favorable terms and conditions than initially offered to the public, with such right being irrevocable for ninety days after recordation of final map or approval for sale by the State Commissioner of Real Estate, whichever comes later;

That a vacancy rate of five percent or more, as reported by the California Department of Finance (DOF), has occurred in Daly City during the DOF reporting year preceding any condominium conversion application.