17.83.040 General requirements.
   No application for a condominium conversion project may be filed unless and until each of the following requirements are met:
   (A)   The requirements of the State Subdivision Map Act and Title 16 of this code have been met;
   (B)   A conditional use permit is being applied for pursuant to the provisions of this code;
   (C)   The vacancy rate for apartments in the city is greater than 5%; and
   (D)   The multiple-family rental housing proposed to be converted has had a city occupancy permit as rental property for at least two years prior to the date the application was submitted.
(`78 Code, § 17.83.040.) (Ord. 1589 § 1 (part), 1981.)