The requirements of this chapter for the conversion of existing multi-unit rental housing to condominiums are intended to:
A.
Reduce the impact of conversions on residents in rental housing who may be required to relocate due to the conversion of apartments to condominiums;
B.
Ensure that the purchasers of converted housing have been properly informed of the physical condition of the structure offered for purchase;
C.
Ensure that converted housing achieves high quality appearance and safety, is consistent with the goals of the general plan, and complies with the density requirements of the general plan;
D.
Attempt to provide an opportunity for housing ownership of all types, for all levels of income and in a variety of locations; and
E.
Attempt to maintain a supply of rental housing for low and moderate income persons and families.
(Ord. 1598)