In April this blog discussed pending changes to current TOPA requirements for D.C. homeowners, many of whom could not sell their homes due to tenants (or those who purchased the tenant rights) demanding large sums of money to relinquish interest in a property and permit the sale. As of April the D.C. Council voted to exempt single-family... Continue Reading →
Condos Versus Co-Ops
In the D.C. metro market there is no shortage of multi-family, mid-rise and high-rise buildings providing homes to dozens (if not hundreds) of residents. Row-houses throughout the city continue to be converted to condos by developers. What does it mean to own a condo? A condominium is a large property divided into individual units and... Continue Reading →
