The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 27 : Property
Chapter 015 : Condominium Ownership Act
Subchapter 002 : PROTECTION OF TENANTS IN CONVERSION OF RENTAL UNITS
(Cite as: 27 V.S.A. § 1331)-
§ 1331. Definitions
As used in this subchapter:
(1) “Comparable housing” means housing that is decent, safe, sanitary, and in compliance with all local and State housing codes, and provided with facilities equivalent to those provided by the landlord in the dwelling unit in which the tenant then resides in regard to each of the following: apartment size, rent range, major kitchen and bathroom facilities, special facilities necessary for persons with disabilities or who have an infirmity, and desirability of neighborhood, school facilities, or area.
(2) “Conversion” means a change in character of residential real property from a rental to an ownership basis. A common interest community, stock cooperative, or similar arrangement shall be deemed such a change in character of ownership.
(3) “Declarant” means any person who offers for transfer ownership interests in a common interest community as part of an initial common promotional plan.
(4) “Tenant who is an elder” means a tenant who is 62 years of age or older.
(5) “Tenant with a disability” means a tenant who has a physical or mental impairment that restricts one or more major life activities, including functions such as caring for one’s self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, or working.
(6) “Low-income tenant household” means a household having an income not exceeding 80 percent of median income for area of residence as set forth in regulations promulgated from time-to-time by the Department of Housing and Urban Development pursuant to 42 U.S.C. § 1437 et seq. (Added 1985, No. 175 (Adj. Sess.), § 5; amended 1997, No. 104 (Adj. Sess.), § 1, eff. Jan. 1, 1999; 2013, No. 96 (Adj. Sess.), § 185.)