Ordinances of 1984, Chapter 34, Regulating Certain Residential Rents, Evictions And Conversions ("rental Housing Equity Ordinance")
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The provisions of such rental housing agreement may not be modified by the landlord except to the extent such modification is required by law and except with respect to the amount of annual rent, any increase in which shall not exceed an amount equal to the sum which would result by multiplying said rent by the percentage in- crease in the consumer price index during the calendar year immediately preceding the date upon which such rental housing agreement is extended. (e) Right to purchase unit.... Any tenant who receives or is entitled to receive notice pursuant to this section shall be given the right to purchase the dwelling unit he occupied at the time such notice is delivered, for substantially the same or more favorable terms and conditions as are being offered to prospective purchasers. Such tenant may exercise a right of first refusal to purchase such unit by executing a pur- chase and sale agreement prior to the expiration of ninety days after the date of receiving a copy of the purchase and sale agreement properly executed by the person offering the unit for sale.
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