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  • District of Columbia Affidavit - Tenant Opportunity to Purchase

District of Columbia Affidavit - Tenant Opportunity to Purchase

Category:
Affidavits
State:
District of Columbia
Control #:
DC-S003ST
Format:
Word; 
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Description

Execution of this Affidavit evidences of tenants approval and acceptance of the proposed sale of Property to Purchaser and the election not to exercise his/her Purchase Right and Right of First Refusal under the Act.

The District of Columbia Affidavit — Tenant Opportunity to Purchase is a legal document that gives tenants in the District of Columbia the right to purchase the property they are renting before the owner can list it for sale on the open market. This document provides tenants with the opportunity to purchase the property at a price that is at least as favorable as the price offered to other potential buyers. The document must be signed by both the tenant and the owner and notarized in order for it to be legally binding. There are two types of District of Columbia Affidavit — Tenant Opportunity to Purchase: the first is called the Tenant Opportunity to Purchase Act (TOP), which is a law that applies to all rental properties in the District of Columbia; the second is known as the Tenant Opportunity to Purchase Amendment Act (TOPAZ), which is a more detailed version of TOP that applies to certain types of rental properties, including those that are subsidized or publicly owned.

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FAQ

In the District of Columbia, landlords cannot enter a tenant's property without prior notice and consent, except in emergencies. Landlords must provide at least 24 hours' notice before entering, as outlined in rental agreements. Violating this rule can create misunderstandings and possible legal disputes. By understanding these rights, tenants can feel secure in their homes while landlords can maintain respectful relationships.

When notice to quit not necessary. When real estate is leased for a certain term no notice to quit shall be necessary, but the landlord shall be entitled to the possession, without such notice, immediately upon the expiration of the term.

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

TENANT OPPORTUNITY TO PURCHASE (Chapter 6.32) provides tenants with the right to purchase the rental facility where they live in the event is it is placed on the market for sale.

Interjection. topa. cheers (toast when drinking alcohol)

Tenancy by sufferance. A tenancy by sufferance may be terminated at any time by a notice in writing from the landlord to the tenant to quit the premises leased, or by such notice from the tenant to the landlord of his intention to quit on the 30th day after the day of the service of the notice.

The rent control law is the Rental Housing Act of 1985 (DC Law 6-10) as amended (the Act), which is codified at DC Official Code § 42-3501.01 et seq. Under the Act, an apartment building or apartment complex is called a housing accommodation, and a single apartment or house is called a rental unit.

(b) A housing provider may recover possession of a rental unit when the tenant is violating an obligation of the tenancy, other than nonpayment of rent, and fails to correct the violation within 30 days after receiving notice from the housing provider.

§ 42?3202. (b) A residential tenancy may be terminated by a 30-day notice in writing only from the tenant to the housing provider of the tenant's intention to quit. The notice shall expire on the first day of the first month at least 30 days after the date of the notice.

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More info

For telephone intakes please call (202) 719-6560. The Tenant Opportunity to Purchase Act (TOPA).An overview of these laws can be found at Condo and Co-op Conversion and Sales. Download GCAAR Form 1316: Tenant Opportunity to Purchase Affidavit on the GCAAR website. Join NLS Attorney David Olshan for a special Zoom presentation - Eviction Defense: How To Fill Out Your Tenant's Affidavit. This charge must be made payable to the housing company. Property managers or owners of OHFA-funded communities need to complete various forms in order to certify their residents are qualified for housing. (5) Multiple buyers. A copy of the completed affidavit shall be attached to the complaint and. - sewed upon the tenant.

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