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Board advances tenant-buyout transparency ordinance to first reading, adds short filing window
Summary
An ordinance requiring buyout agreements to be in writing, reported and searchable, giving tenants a 45‑day rescission period and enabling nonprofit private enforcement passed first reading after an amendment shortening the landlord filing deadline was adopted.
The board passed on first reading an ordinance requiring landlords to register tenant buyout agreements, which are monetary offers to a tenant to vacate outside the formal eviction process. Author Supervisor David Campos said buyouts are an understudied driver of displacement and the ordinance is intended to increase transparency and protect tenants from coercive or abusive buyouts.
Provisions in the ordinance include a requirement that…
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