[HISTORY: Adopted 5-11-1987 Annual Town Meeting, Art. 17. Amendments noted where applicable.]
No building or buildings or part or parts thereof within the
Town of Great Barrington may be converted to condominium or cooperative
ownership if the rent charged to tenants of said buildings has been
substantially increased during the 24 months immediately prior to
recording in the Southern Berkshire Registry of Deeds a condominium
or cooperative master deed for said conversion. A copy of such master
deed shall be submitted to the Board of Selectmen on the day said
recording is made.
As used in this chapter, the following terms shall have the
meanings indicated:
An increase in excess of 1 1/2 times the percent of
increase in the consumer price index for all urban wage earners (CPI-U)
for the 12 months immediately preceding the rent increase.
Whoever violates any provision of this chapter shall be punished as provided in § 1-5.
