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What is the review period for condo doc in DC?

In Washington DC, the review period for condo documents is 3 business days. This built in review period gives the condo or home buyer the opportunity to examine the health of the organization they will be joining. governed by the District of Columbia Condominium Act.

What is the condominium act in DC?

The DC Condo Act of 1974 is the District level legal compass for association governance and affairs. This Act establishes parameters for practices and creates guidelines and rules for how associations and cooperatives operate in Washington DC.

What is certificate of resale DC?

A District of Columbia resale certificate (also commonly known as a resale license, reseller permit, reseller license and tax exemption certificate) is a tax-exempt form that permits a business to purchase goods from a supplier, that are intended to be resold without the reseller having to pay sales tax on them.

Does Washington DC accept out of state resale certificates?

If you have an out-of-state resale certificate but try to buy an item tax-free in Washington DC, your DC vendor will be unable to accept your out-of-state resale certificate. To receive a sales tax exemption on an item in DC, you must register for a sales tax permit there.

How long do you have to review condo docs in DC?

Once delivered, the buyer has 3 calendar days to review the documents. If for any reason the buyer is not comfortable moving forward with the purchase of the property, the buyer has the right to void the contract based on the condo review during the review period.

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