Monday, July 22, 2013

New Condo Conversion Ordinance

The famous condo conversion lottery is now suspended, and there are new rules now governing the process. The San Francisco Board of Supervisors adopted changes and amendments to the SF Subdivision Code, Sections 1396, 1396.4, and 1396.5. You can read a final version of the Ordinance No. 117-13 here.

It is a bit challenging to read, with all its strike-outs, underlinings, and italics, and a cleaner version is published online by the American Legal Publishing here. Alternatively, you can see the code on the "San Francisco decoded" pages, here.

More real property posts

If you are considering a condo conversion for a property in San Francisco your actual options and a strategy will depend on your case's particular facts. To learn more about your rights and obligations, make your first step toward taking control over the circumstances, and call my office at (415) 987-7000. I will be glad to assist in guiding you through the jungle. The only thing you can't afford is to stay put and uninformed. My office provides a confidential assessment of your particular scenario, free of charge, and I will share with you the results of the analysis along with my thoughts on available solutions.

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