Condo conversions in Sierra Madre

The subdivider shall compensate tenants for their relocation expenses by payment for a relocation fee of five hundred dollars per dwelling unit to the tenants who relocate from the building to be converted after approval of the tentative map for the conversion project.

Written notice of all hearings before the advisory agency or appeals to the city council shall be served by the subdivider, at subdivider's cost and expense, upon residents of each dwelling unit proposed to be included in the conversion project by either mailing a copy of the said notice by certified mail, return receipt requested to each dwelling unit included in the application, or by personal service upon adult resident of each dwelling unit, at least ten days prior to any hearing.

That should the conversion project be approved, the property owner will be required to give all tenants a minimum of one hundred twenty days written notice of intention to convert prior to termination of the tenancy due to the conversion or proposed conversion;

After submittal of the application to convert, any prospective tenants for units included in the conversion project shall be notified in writing of the intent to convert prior to leasing or renting of any unit

Such right shall be irrevocable for a period of ninety days after the commencement of sales or the issuance of the final public report by the real estate commissioner, whichever occurs later.