Should Berkeley tenants get first dibs on buying their landlord’s property?

By Natalie Orenstein of Berkeleyside

Two men hold signs that say "Greed" and two women hold signs that say "Stop TOPA"

The Law Center's Jay Cumberland, second from the left, congregate alongside supporters and opponents of Berkeley’s Tenant Opportunity to Purchase Act (TOPA) outside a City Council policy committee meeting Thursday, March 5, 2020. Image credit: Natalie Orenstein

Excerpt: Under TOPA, authored by Mayor Jesse Arreguín, landlords who wanted to sell their rental property would have to give their tenants the first right of refusal to buy it, at a price named by the owner. The tenants can assign their rights to a city-approved affordable housing organization — like a land trust — if they couldn’t afford the cost themselves. If the tenants decided to move out instead of buying the building, those housing organizations would get second dibs.

Read the full article here.

(Originally published on March 6, 2020.)

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