Condo conversions in Chico

Current and continuing information on the location and rent of other rental housing within the Chico urban area comparable to the dwelling unit occupied by the tenant in the multi-residential building being converted to a condominium project;

If the tenant is 62 years of age or older, a disabled tenant, or a lower income tenant, transportation, or the reasonable cost of transportation not to exceed 25% of the monthly rent being charged the tenant on the date the notice of intention to convert required by the Subdivision Map Act is served on such tenant, which is necessary to locate comparable replacement housing within the Chico urban area;

A sum equal to 100% of the monthly rent being charged the tenant on the date the notice of intention to convert required by the Subdivision Map Act was served on the tenant, payable at the time the tenant vacates tenant's dwelling unit in the multi- residential building being converted to a condominium project, for the cost of transporting such tenant's personal property to replacement housing;

or, if the tenant is 62 years of age or older, a, or a lower income tenant, 100% of the reasonable expense, including packing, crating, and unpacking expenses, which will be incurred in transporting such tenant's personal property to replacement housing rented or purchased within the Chico urban area, based on the lowest of three bids obtained by the owner of the building being converted, if such expense is greater than 100% of the monthly rent being charged such tenant.

A certificate, signed by the subdivider under penalty of perjury, declaring that at least sixty days prior to the filing of a tentative map, each tenant or prospective tenant was served with a written notice of intention to convert as required by the Subdivision Map Act;

Within 10 days of the date an application for a public report was filed with the department of real estate per Business and Professions Code 11010 and 11018 each tenant occupying a dwelling unit in the multi-residential building being converted to a condominium project was served with a written notice that such application was or would be filed and that such report would be available from the subdivider on request as required by the Subdivision Map Act;

The right of such tenant to purchase tenant's dwelling unit in the building being converted on the same or more favorable terms as those offered to the general public for a period of 90 days from the date of issuance of the subdivision public report as required by the Subdivision Map Act;