(16) A conversion plan and a conversion permit may be sought by a person who solely intends to convert a property to the condominium or cooperative form of ownership and to market condominium or cooperative units but does not have any plan for current tenants to be displaced. In such case, the conversion plan and the subsequent conversion permit shall be so limited, and the tenants shall be given the right of first purchase, as described herein, but shall not be given notices of intent to terminate tenancy or relocation benefits as described herein. The tenants and OHS shall have the right to enforce such conditions if the person or any successor in interests acts in a manner inconsistent with the limitations on the permit or engages in conduct which would otherwise be barred by this Section. In addition, if a person obtains a permit without such limitations, but a successor in interest no longer wishes to displace the tenant (for example, an investor landlord intends to maintain tenants, and only realize sales to owner-occupants upon normal turnover of the unit), it shall notify ISD and the OHS of this in writing, and ISD shall then modify the conversion permit to a limited conversion permit. If at any subsequent date a person with a limited conversion permit wishes to displace a tenant in place at the time of conversion in order to facilitate the sale or owner occupancy of a unit, the person must seek and obtain a full conversion permit in accordance with this Section.