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Real estate owners in Washington D.C. who want to sell their rental property while it is still occupied with tenants must follow the rules of TOPA. Under this law, owners of real estate must first offer this property for sale to the tenants currently residing in it.
Can you sell a house with a tenant inside?
You can sell your rental property with sitting tenants. However, its important to remember that your tenants have certain rights. You should always inform sitting tenants of your intention to sell before putting your property on the market and explain your reasons for doing so.
What are D.C. Topa rights?
TOPA, or Tenant Opportunity to Purchase Act, is a type of anti-displacement housing policy that gives tenants options to have secure housing when the property they rent goes up for sale, while also preserving affordable housing.
Can a landlord sell a house during a lease in DC?
Real estate owners in Washington D.C. who want to sell their rental property while it is still occupied with tenants must follow the rules of TOPA. Under this law, owners of real estate must first offer this property for sale to the tenants currently residing in it.
What does Topa stand for 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 rightit stabilizes
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TOPA, or Tenant Opportunity to Purchase Act, is a type of anti-displacement housing policy that gives tenants options to have secure housing when the property they rent goes up for sale, while also preserving affordable housing.
Can you sell Topa Rights DC?
Nadeaus Home Sale Facilitation Amendment Act, prevents tenants in owner-occupied single-family dwellings from selling or assigning their TOPA rights.
How does Topa work in DC?
When a multi-family rental property in DC is contracted for sale, TOPA allows tenants the right to refuse the sale and with the help of a third-party developer buy the building at the contracted sale price.
How do you qualify for affordable housing in DC?
Your household must meet the income requirements. Households that make 50%, 60%, or 80% of the Median Family Income (MFI) may be eligible.
How do I file a complaint with D.C. housing Authority?
For assistance call the Office of Fair Hearings at (202) 535-1245. C. Only a public housing resident (head of household) may file a grievance.
Related links
Tenant Opportunity to Purchase Assistance | dhcd
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
Solicitations | University of the District of Columbia
(Closed solicitations and contract awards can be found here.) Third-Party Evaluator for the District of Columbia (DC) Construction and Hospitality Academies
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