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Section 51653 Of Chapter 4. Loan Insurance From California Health And Safety Code >> Division 31. >> Part 4. >> Chapter 4.
51653
. Notwithstanding any other provision of law, any rental
housing development which is financed from mortgages insured pursuant
to this part is exempt from both of the following:
(a) Any local government prohibitions against condominium conversion any time after 10 years from the date a certificate of occupancy is issued. Any condominium conversion shall be made in accordance with the requirements of Article 2.5 (commencing with Section 66452.50) of Chapter 3 of Division 2 of Title 7 of the Government Code.
(b) Any rent control, except for units made available to lower income households as provided pursuant to subdivision (b) of Section 51226.
(a) Any local government prohibitions against condominium conversion any time after 10 years from the date a certificate of occupancy is issued. Any condominium conversion shall be made in accordance with the requirements of Article 2.5 (commencing with Section 66452.50) of Chapter 3 of Division 2 of Title 7 of the Government Code.
(b) Any rent control, except for units made available to lower income households as provided pursuant to subdivision (b) of Section 51226.
