Los Angeles County |
Code of Ordinances |
Title 8. CONSUMER PROTECTION, BUSINESS AND WAGE REGULATIONS |
Division 3. HOUSING |
Chapter 8.48. CONDOMINIUM CONVERSION |
§ 8.48.040. Exemptions from chapter applicability.
Any educational institution of collegiate grade within the state of California, not conducted for profit, shall be exempt from the application of this chapter where:
A.
Said institution is converting apartment housing occupied by its students to either condominiums, community apartments or stock cooperatives;
B.
The purpose of the conversion is for sales to its teachers and other personnel of said institution; and
C.
The students in said apartment are provided adequate replacement housing by said institution.
(Ord. 12163 § 1, 1980: Ord. 12043 § 2.1, 1979.)