What happens to tenants when a Pacific Grove building converts to condos?

Pacific Grove's code: No conversions until the vacancy rate exceeds 5%. (Applies when the vacancy rate for two-family and multifamily homes stays below 5% for 6 months in a row.) (§ 23.29.110); The vacancy limit does not apply. (Applies to conversions to non-equity or limited-equity cooperatives for low- to moderate-income residents.) (§ 23.29.110).

Condo conversions in Pacific Grove: the local rules

Pacific Grove code What Pacific Grove's code adds
Limits on conversions	No conversions until the vacancy rate exceeds 5%. Applies: Applies when the vacancy rate for two-family and multifamily homes stays below 5% for 6 months in a row. § 23.29.110 · code text In the event of a vacancy factor of less than five percent for a continuous period of six months for such two-family and multiple-family dwellings, no such dwellings shall be converted until the vacancy factor exceeds five percent. The vacancy limit does not apply. Applies: Applies to conversions to non-equity or limited-equity cooperatives for low- to moderate-income residents. § 23.29.110 · code text This section shall not be applicable to projects involving conversions to a non- or limited-equity cooperative for low-to-moderate income residents.
Relocation help	4 times the monthly rent for moving costs. Applies: Applies to tenants who move after city approval, unless they gave notice to move before the conversion notice. § 23.29.080 · code text The subdivider shall provide moving expenses of four times the monthly rent to any tenant who relocates from the building to be converted after approval of the conversion by the city, except when the tenant has given notice of his or her intent to move prior to receipt of notification from the subdivider of his or her intent to convert.
Notice to tenants	Notice of intent is delivered to each tenant's unit, including the approximate date non-buying tenants must move out. § 23.29.080 · code text A notice of intent to convert shall be delivered to each tenant's dwelling unit. Written notice before leasing or renting any unit. Applies: Applies to prospective tenants after the conversion application is filed. § 23.29.080 · code text After submittal of the application to convert, any prospective tenants shall be notified in writing of the intent to convert prior to leasing or renting any unit,
Tenants' right to buy	At least 60 days from the public report or start of sales, whichever is later. § 23.29.080 · code text The right of first refusal shall extend for at least 60 days from the date of issuance of the subdivision public report or commencement of sales, whichever date is later.
Vacancy-rate test	A rental housing shortage exists if vacancy is below 5% for 6 months. Applies: Applies to two-family and multifamily homes, over the 6 months before the finding. § 23.29.110 · code text A rental housing shortage exists if the vacancy factor for two-family and multiple-family dwellings is less than five percent for six months preceding the determination.

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