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Ordinance No. NS - ____ <br />Page 15 of 44 <br />bedrooms, including, but not limited to, an accessory dwelling unit or a <br />junior accessory dwelling unit. <br /> <br />6) A duplex in which the Owner occupied one of the units as the Owner’s <br />principal place of residence at the beginning of the Tenancy, so long <br />as the Owner continues in occupancy. <br /> <br />7) Housing that has been issued a certificate of occupancy within the <br />previous 15 years. <br /> <br />8) Residential rReal pProperty that is alienable separate from the title to <br />any other dwelling unit, provided that both of the following apply: <br /> <br />A. The Owner is not any of the following: <br /> <br />i. A real estate investment trust, as defined in Section 856 <br />of the Internal Revenue Code. <br /> <br />ii. A corporation. <br /> <br />iii. A limited liability company in which at least one member <br />is a corporation. <br /> <br />B. <br />i. The tTenants have been provided written notice that the <br />rResidential pProperty is exempt from this section using <br />the following statement: “This property is not subject to <br />the just cause requirements of Santa Ana Municipal <br />Code Chapter 8, Article XIX, Division 2. This property <br />meets the requirements of Santa Ana Municipal Code <br />section 8-3120(e)(8) and the Owner is not any of the <br />following: (1) a real estate investment trust, as defined by <br />Section 856 of the Internal Revenue Code; (2) a <br />corporation; or (3) a limited liability company in which at <br />least one member is a corporation.” <br /> <br />ii. For a Tenancy existing before the effective date of this <br />Ordinance, the notice required under clause (i) may, but <br />is not required to, be provided in the rRental aAgreement. <br /> <br />iii. For any Tenancy commenced or renewed on or after the <br />effective date of this Ordinance, the notice required under <br />clause (i) must be provided in the rRental aAgreement. <br /> <br />iv. Addition of a provision containing the notice required <br />under clause (i) to any new or renewed rRental <br />EXHIBIT 1