Why was this ordinance adopted?

The city is concerned about the displacement of tenants residing in properties that have been sold to a new owner. The ordinance creates a 90-day period of time in which residents can work with housing support resources and seek alternative housing if they are facing lease non-renewals without cause, unaffordable rent increases, new screening criteria requirements, or other material changes to their rental agreement that force a move.

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1. What is the Tenant Notification Ordinance?
2. What does this mean for renters?
3. Why was this ordinance adopted?
4. When does the ordinance apply?
5. Who needs to be notified?
6. Are there income restrictions that apply?
7. Does a tenant need to move out during the three-month tenant notification period to qualify for relocation assistance?
8. Does the ordinance apply if the management changes in the building?
9. When does the new owner have to provide relocation benefits?
10. Does a transfer of sale include an ownership transfer to an immediate family member? Or as the result of inheritance?
11. Would the policy apply to bank-owned or foreclosed properties?