Option to Purchase Package District of Columbia Form
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People also ask
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Who is considered a tenant in DC?
(2) The term “tenant” means any person who holds or possesses a habitation in subordination to the title of the owner of the premises in which such habitation is located, with the consent of the owner.
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What is a tenant opportunity to purchase in DC?
District law states that tenants in buildings up for sale must be offered the first opportunity to buy the building (DC Law 3-86, the “Rental Housing Conversion and Sale Act of 1980,”under which falls the Tenant Opportunity to Purchase Act (TOPA))/ The District encourages tenants to exercise this right—it stabilizes ...
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Where is Topa primarily applicable to?
TOPA applies in some form to most buildings that are not single-family homes, though tenants' ability to exercise their rights may vary. Tenant Associations can work with an attorney to improve poor housing conditions, challenge illegal rent increases, and purchase their apartment building when it is for sale.
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What is rad in DC?
The Rental Accommodations Division (RAD) administers the Act. The Act applies to all rental housing accommodations in the District of Columbia.
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What must the DC landlord of a rental property provide to a tenant prior to selling?
(a) Before an owner of a housing accommodation may sell the housing accommodation or issue a notice to vacate for purposes of demolition or discontinuance of housing use, the owner shall give the tenant an opportunity to purchase the housing accommodation at a price and terms that represent a bona fide offer of sale.
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What is dopa in DC?
The District Opportunity to Purchase Act (DOPA) promotes affordable rental housing by maintaining the affordable status of existing affordable rental units as well as increasing the total number of affordable rental units within the District.
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Where is Topa primarily applicable to?
TOPA applies in some form to most buildings that are not single-family homes, though tenants' ability to exercise their rights may vary. Tenant Associations can work with an attorney to improve poor housing conditions, challenge illegal rent increases, and purchase their apartment building when it is for sale.
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What is the Tenants Opportunity to Purchase Act DC?
District law states that tenants in buildings up for sale must be offered the first opportunity to buy the building (DC Law 3-86, the “Rental Housing Conversion and Sale Act of 1980,”under which falls the Tenant Opportunity to Purchase Act (TOPA))/ The District encourages tenants to exercise this right—it stabilizes ...
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