Thursday Think Tank - Tenant Buyouts Under San Francisco's New Ordinance: Perspectives from Two Leading Landlord and Tenant Attorneys
Tenant Buyouts Under San Francisco's New Ordinance: Perspectives from Two Leading Landlord and Tenant Attorneys
San Francisco enacted an ordinance which regulates the process and form of agreement for tenant buyout. The regulation also provides that buyout may affect the condo conversion rights of a building. The new ordinance creates a number of challenges for both landlords and tenants to arrive at a successful negotiation.
Attorneys Jeffery Woo of Cooper, White & Cooper and Joseph Tobener of Tobener Ravenscroft will discuss how the new legislation has affected the structure and pricing of buyout, and the common challenges that they face in the process.