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Burlington Code of Ordinances ch. 18 (Housing), Art. V (Regulation of Conversion of Rental Housing to Condominiums or Cooperatives) § 18-305

Citation
Burlington Code of Ordinances ch. 18 (Housing), Art. V (Regulation of Conversion of Rental Housing to Condominiums or Cooperatives) § 18-305
Jurisdiction
Burlington (municipal)
Source
Official source

Full Text

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(h) If the first right to purchase the rental housing is not exercised by the certified tenant organization, the city or the city’s designated housing agency, the owner is free to proceed with the conversion of the property to condominium or cooperative ownership subject to the provisions of this article, the city’s zoning ordinance and Vermont statutes.

(i) After the time period for the certified tenant organization, the city or the city’s designated housing agency to exercise its first right to purchase expires, individual tenants in housing units proposed to be converted to condominiums or cooperatives shall have the ninety-day exclusive right to purchase their individual unit, the right to be offered and to accept comparable housing, and the right to receive relocation costs as provided in

27 V.S.A. sections 1334, 1335 and 1336. The additional protections offered to tenants by 27 V.S.A. sections 1337, 1338 and 1339 are also specifically protected by this article.(Ord. of 3-30-87)