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(c) Pursuant to the Tenant Protection Act of 2019, Civil Code section <br />1947.12(d), the provisions of this ordinance regulating the amount of Rent that a <br />Residential Real Property Owner may charge shall not apply to the following: <br />(1) Housing restricted by deed, regulatory restriction contained in an <br />agreement with a government agency, or other recorded document <br />as affordable housing for persons and families of very low, low, or <br />moderate income, as defined in Section 50093 of the Health and <br />Safety Code, or subject to an agreement that provides housing <br />subsidies for affordable housing for persons and families of very <br />low, low, or moderate income, as defined in Section 50093 of the <br />Health and Safety Code or comparable federal statutes. <br />(2) Dormitories owned and operated by an institution of higher <br />education or a kindergarten and grades 1 to 12, inclusive, school. <br />(3) Housing that has been issued a certificate of occupancy within the <br />previous 15 years. <br />(4) Residential Real Property that is alienable separate from the title to <br />any other dwelling unit, provided that both of the following apply: <br />A. The Owner is not any of the following: <br />51 <br />Ordinance No. NS-3027 <br />Page 32 of 43 <br />A real estate investment trust, as defined in section 856 <br />of the Internal Revenue Code. <br />ii. A corporation. <br />iii. A limited liability company in which at least one member <br />is a corporation. <br />The Tenants have been provided written notice that the <br />Residential Real Property is exempt from this section <br />using the following statement: <br />"This property is not subject to the Rent limits <br />imposed by Santa Ana Municipal Code section 8- <br />3140 and the Owner is not any of the following: (1) a <br />real estate investment trust, as defined by section 856 <br />of the Internal Revenue Code; (2) a corporation; or (3) <br />a limited liability company in which at least one <br />member is a corporation." <br />