The purpose of this chapter is to establish criteria and procedures for the conversion of existing multifamily rental housing units to condominiums, community apartments, stock cooperatives, or any other subdivision which is a conversion of rental housing. These regulations are necessary to ensure a continued balance of ownership and rental units in Sebastopol, as well as maintaining a variety of choices of tenure, type, price, and location of such housing units.

This chapter also defines standards which will ensure that the converted units meet physical standards required by applicable laws and ordinances, that purchasers of converted units are properly informed of the physical condition of the structure which is offered for purchase, and which will ensure the performance of long-term maintenance responsibilities in a condominium development. (Ord. 1111, 2018)