District of Columbia Stipulation of Leasehold Ownership to Clarify Previous Assignment
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2017 Legislative Update The District of Columbia Condominium Act has been amended to require new notices and information be provided to condominium purchasers and unit owners. The new law, known as the Condominium Owner Bill of Rights and Responsibilities Amendment Act of 2016, took effect April 7, 2017.
Condo Association Governance: The DC Condo Act establishes the association's role in administering and enforcing the condominium's bylaws and rules. As a community manager, you may be responsible for facilitating board meetings, assisting with financial matters, and ensuring compliance with the act's provisions.
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.
It is $400 per month in the Washington region. If utilities are separated out, the median condo fee nationally drops to $240 monthly and $88 in the Washington area. Zillow found that 65 percent of condo fees in the D.C. region include water costs and 76 percent include electric costs.
The right to observe all meetings of the unit owners' association, committees of the unit owners' association, and the executive board, except for those meetings held lawfully in executive session, and to examine and copy minutes recorded at meetings, ing to and subject to the provisions of D.C. Official Code § ...
(2) A unit owner shall have the right to cure any default in payment of an assessment at any time prior to the foreclosure sale by tendering payment in full of past due assessments, plus any late charge or interest due and reasonable attorney's fees and costs incurred in connection with the enforcement of the lien for ...
