1. Apparently this family has tried this once before and failed, but learned from their mistakes.
2. The lawyer is a real estate broker.
3. This bypasses having to pay for the tenant to be evicted through Ellis.
4. This bypasses other provisions in Ellis and preserves rentability: If they used Ellis, they could not evict the tenant and then rent the place out for 5 years without offering the tenant the option of renting the place at the previous price (other companies bypass this through voluntary evictions by buying out tenants, for, say $30k)
At the end of the day: This bypasses the intent of the law but follows the letter of the law. The intent is to sell the house. They pay less by not buying out the tenant. They preserve the rentability. Reclassifying while a tenant is protected under rent control should be prohibited.
1. Apparently this family has tried this once before and failed, but learned from their mistakes.
2. The lawyer is a real estate broker.
3. This bypasses having to pay for the tenant to be evicted through Ellis.
4. This bypasses other provisions in Ellis and preserves rentability: If they used Ellis, they could not evict the tenant and then rent the place out for 5 years without offering the tenant the option of renting the place at the previous price (other companies bypass this through voluntary evictions by buying out tenants, for, say $30k)
At the end of the day: This bypasses the intent of the law but follows the letter of the law. The intent is to sell the house. They pay less by not buying out the tenant. They preserve the rentability. Reclassifying while a tenant is protected under rent control should be prohibited.