Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Washington D.C. Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

30
Posts
23
Votes
Tim Burke
  • Rental Property Investor
  • Ithaca(ish), NY
23
Votes |
30
Posts

Washington DC TOPA for formal rental

Tim Burke
  • Rental Property Investor
  • Ithaca(ish), NY
Posted

I own a single condominium unit in Washington DC that I previously lived in. Last year, I moved out of state to take a new job and turned the condo into a rental. My tenants gave me notice that they needed to move out at the end of their lease, and we signed a Notice to Vacate and all that jazz, and now the tenants have moved out. 

As a result of the tenants leaving, I decided to sell the condo, which is currently on the market. I have an agent for a potential buyer asking why I did not serve TOPA (Tenant Opportunity to Purchase Act) notices to my tenant and now it may be holding up the offer process.

As far as I understand the law, I would only have to offer the property to my tenants if I was selling it while they were still there, and since they have moved out (and out of the state) of their own accord, it was not necessary to offer to sell the property to my now former tenants.  

Anyone in the DC metro area able to chime in on this?

  • Tim Burke
  • Most Popular Reply

    User Stats

    283
    Posts
    123
    Votes
    Kerry Boyle
    • Lender
    • Bethesda MD
    123
    Votes |
    283
    Posts
    Kerry Boyle
    • Lender
    • Bethesda MD
    Replied

    If I am not mistaking, there are several exceptions that you can apply for:

    Owner is actively seeking to sell or rent the building; Building is under active construction; building is the subject of a probate proceeding or title is subject of litigation; building is subject of a pending application before a dc development board, special exemptions granted by the mayor.

    • Kerry Boyle

    Loading replies...