Index
D.C. Code Section 42-3404.02: Tenant Opportunity to Purchase Act
Summary
Before a landlord can sell a residential building, they must give the tenants an opportunity to purchase the property themselves.
Rights & Rules
- 01.Right to receive a formal notice that the landlord intends to sell the building.
- 02.Right to form a tenant organization to collectively negotiate for the purchase of the building.
- 03.Right of first refusal to match any valid third-party offer to buy the property.
Penalties
- 01.Invalidation of the sale of the property to a third party.
- 02.Civil lawsuits for damages by tenant organizations.
- 03.Administrative fines from the DC Department of Housing and Community Development.
Verified Citations
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