that, except as set forth in section 7-64(d)(2), the owner shall extend to the tenant within 120 days, or 180 days in the case of an elderly, disabled, or low/moderate income tenant, from the date of the notice, a right to purchase the tenant’s unit. The offer shall include terms and conditions which are substantially the same as or more favorable than those which the owner would, in good faith, extend or actually extends to prospective arm’s length purchasers of such unit during the applicable period following the expiration of said tenant’s right to purchase, as provided in section 7-64(d), provided that such terms and conditions represent fair market value for such unit in “as is” condition as described in section 7-64(d)(1);
(D)
that, except as set forth in section 7-64(d)(2), the tenant shall have a period of 120 days, or 180 days in the case of an elderly, disabled, or low/moderate income tenant, from the date the tenant received the right to purchase offer to determine if they are willing and able to purchase their unit;
(E)
that there is a permit review process involving (I) an initial hearing after service of this notice and (II) a final hearing for a
conversion permit at the end of the notice period or upon vacancy of the tenant, in addition to hearings as necessary that may be initiated by the tenants, owner or review board. These hearings shall be before the review board and that the tenant and owner shall be notified of the date and time at least two weeks prior to the hearing date. The tenant and owner shall have a right to attend any such hearings and to present evidence as to whether the owner has or has not met the requirements of the Somerville Condominium/Cooperative Conversion Ordinance;
(F)