AN ACT PROVIDING FOR A CONDOMINIUM CONVERSION ORDINANCE IN THE CITY OF SALEM
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Notwithstanding any general or special law to the contrary, the city council of the city of Salem, by majority vote, may enact an ordinance to regulate the conversion of housing accommodations in the municipality to the condominium or cooperative form or ownership in buildings containing not less than 2 residential units.
SECTION 2. Such ordinance may include, but shall not be limited to: (i) provisions for investigations and hearings on condominium or cooperative conversions or proposed conversions; (ii) a permit process; (iii) tenant notification requirements; (iv) relocation costs for tenants and other measures to protect tenants; (v) control of evictions; (vi) penalties for violations of the ordinance; and (vii) opportunities for tenants and the city, or the city’s designee, to purchase the unit occupied by the tenant within the residential property in which the tenant resides when the unit is being offered for sale as a condominium or cooperative.
SECTION 3. An ordinance enacted pursuant to this act may establish a condominium review board or vest administrative duties in an existing municipal board, commission or office. The review board may exercise such powers as they are given by the ordinance.
SECTION 4. This act shall take effect upon its passage.
Approved, November 8, 2024.