(14) Notwithstanding the above, the OHS or ISD may deny a conversion plan or a conversion permit where documentation is incomplete in any material respect. The OHS or ISD may also impose reasonable conditions on the granting of a conversion plan or conversion permit. ISD may deny a permit where it has made a determination that any document or statement is false in any material respect. In addition, ISD, in its discretion, may deny a permit if the OHS finds that the landlord has taken any action to circumvent the commonwealth or local condominium law, including, but not limited to, unreasonable rent increases, reduction or elimination of services, termination of tenancy without cause or the imposition of new conditions of the tenancy. ISD may revoke a permit previously granted where it makes a determination that any document or statement was false in any material respect at the time of ISD’s decision to grant the permit. The OHS and ISD shall have the power to require the submission of additional documentation, including without limitation purchase and sale agreements, deeds, agreements with real estate brokers and/or cancelled checks, if in ISD’s reasonable judgment such documentation is necessary to ensure the fairness of its determinations. ISD may, in its discretion, continue a hearing. A decision on a conditional conversion permit shall be rendered by ISD within 60 days of the close of the hearing.
(15) A conversion permit shall lapse and the landlord shall reapply for a new permit in the case of any of the following:
(a) The landlord failed to file a master deed within one year after the date on which the conversion permit has been granted;