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This chapter shall apply to the conversion of any existing or approved multifamily residential development (occupied or unoccupied) to a condominium, community apartment project, stock cooperative, or any other subdivision which is a conversion of rental housing.

The conversion of an approved development project which has not yet been constructed shall require an amendment of any discretionary permits previously issued by the City of Sebastopol, as well as the issuance of a final subdivision map, in accordance with SMC Title 16.

This chapter shall not apply to a limited-equity housing cooperative, as defined in Business and Professions Code Section 11003.4. (Ord. 1111, 2018)