Hello! I am a co-owner with my brother of a condo in the District. We are looking to sell our unit as soon as is reasonably feasible. Our tenant's lease ends August 3, 2016. This lease is a 6-month extension to a 12-month initial lease.
Your tenant has rights under the Tenant Oppotunity to Purchase Act or TOPA. They can get pretty complicated. The end of the lease is not the end of the tenancy and if you don't follow TOPA you will be unable to get title insurance or go to settlement.
Because you have tenants, the Tenant Opportunity to Purchase Act (TOPA) will apply. Unfortunately, expiration of the lease term will not entitle you to eviction. There are many nuances and technicalities in this field of the law, so please be careful in how you proceed.
This answer is for informational purposes only and not for the purpose of providing legal advice. You should contact an attorney to obtain advice with respect to any particular issue or problem. Use of and access to this answer, or any of the e-mail links that may be included, do not create an attorney-client relationship between Battino & Sokolow PLLC and the user, reader, or browser.
I agree with the other attorneys regarding TOPS. Review TOPA and proceed with caution. Consider consulting with an attorney if you need help.
Years licensed, work experience, educationLegal community recognition
Peer endorsements, associations, awardsLegal thought leadership
Publications, speaking engagementsDiscipline