Information for Landlords
Responsibilities of Property Owners
The Notice of Intent to Sell ordinance requires owners of multi-family housing to notify the City of their intent to sell their property if it includes 2 or more units and has at least one unit affordable to a household earning 80% or less of AMI.
To determine whether a unit rent is affordable to a household earning 80% of AMI please refer to the schedule below. Please be sure to account for any utilities the tenant is responsible for:
Notice Requirements and Penalties
No later than 90 days prior to the building being listed for sale, owners must:
- Submit to OH a declaration affirming that the owner has complied with the notice requirements
- Prominently post a notice in the building in all common spaces, clearly visible to building tenants, that states the owner's intent to sell the building
- If an owner receives an offer to purchase a building prior to listing or advertising it for sale, and the owner intends to accept the offer, the owner must provide the notices and declaration listed above within two days of receiving the offer
Notifications should be sent by email to IntentToSell@Seattle.gov or by mail to Office of Housing, P.O. Box 94725, Seattle, WA 94725-4725. Penalty for Non-Compliance A property owner who fails to comply with the notice requirements a civil penalty may be assessed of up to $2000.00 per Seattle Municipal Code 22.907.030
Information for Affordable Housing Developers
The list of properties that have provided sale notification is available to affordable housing developers and community members interested in preservation opportunities. To receive the list, please subscribe to the Intent to Sell topic.