Mark Leno’s Senate Bill 1439 which seeks “to ensure that real estate speculators in San Francisco do not buy rent-controlled property and empty it of long-term tenants” failed to clear the Senate Floor yesterday in a 18-19 vote. A motion to reconsider the Bill was approved, however, and Leno will have two days to “flip” a couple of votes.
Written to freeze Ellis Act evictions in San Francisco until a landlord has owned a building for at least five years, Senate Bill 1439 would also:
- prohibit any owner of a building for which an Ellis Act notice has been submitted from withdrawing any other property that he or she acquired after submitting the notice for the former property;
- prohibit an owner from acting in concert directly or indirectly with a co-owner, successive owner, prospective owner, or other person to circumvent the above prohibitions;
- require an owner submitting an Ellis Act notice to identify each person or entity with an ownership interest in the building, including persons with an ownership interest in a corporate entity; and
- provide that a violator of any of these provisions is liable to the tenant for actual damages, special damages of at least $2,000 for each violation, and reasonable attorney fees and court costs as determined by the court.
As plugged-in people know, a similar bill which was proposed back in 2007 never emerged from the Senate Floor.