At the time of giving notice of termination as required by RCW 59.18.200 because of conversion to a condominium or before selling or offering to sell to the public any rental unit as all or part of a condominium apartment, whichever comes first, the developer shall serve each tenant a written notice offering to sell unit or units, as condominium apartment, to the tenant. Such notice shall contain the legal descriptions, prices, and all other terms and conditions at which such units are offered for sale, such other terms and conditions as are required by this chapter, a letter form for advising the developer that the tenant wishes the offer to continue for more than 45 days as provided herein, and a statement in format approved by the director, of the tenant’s rights under this chapter.

The offer to purchase the unit occupied by a tenant or in which the tenant otherwise has a leasehold interest shall be exclusive to such tenant for 45 days from the date of receipt of the notice.

A tenant’s right to accept any offer contained in the notice shall cease 45 days after receipt of the notice by the tenant unless the tenant advises the developer in writing within 45 days of receipt of such notice that he or she wishes the offer to continue for an additional 45 days.

The rights of a tenant to accept an offer to purchase a unit other than those sold or contracted to be sold pursuant to the exclusive offer stated above shall continue for an additional 45 days.

Subject to any prior rights under the 45-day exclusive offer stated above, and the prior rights to possession of any other tenant, the rights of a tenant whose written acceptance of the offer to sell on any unit is first received by the developer shall be prior to the rights of other tenants. (Amended by Res. 79-339, Nov. 13, 1979).