Form B Offer of Sale & Tenant Opportunity to Purchase Without a Third Party Sale Contract for Housing Accommodations With Two, Three or Four Rental Units - Washington, D.C.

What Is Form B?

This is a legal form that was released by the Washington DC Department of Housing and Community Development - a government authority operating within Washington, D.C.. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form B Offer of Sale?A: A Form B Offer of Sale is a legal document used in Washington, D.C. for the sale of housing accommodations with two, three or four rental units.

Q: What is the purpose of a Form B Offer of Sale?A: The purpose of a Form B Offer of Sale is to provide an opportunity to tenants to purchase the property without a third-party sale contract.

Q: Who can use a Form B Offer of Sale?A: Property owners in Washington, D.C. with housing accommodations containing two, three or four rental units.

Q: What does the Form B Offer of Sale include?A: The Form B Offer of Sale includes the terms and conditions of the sale, purchase price, and a notice to tenants about their right to purchase the property.

Q: What is the Tenant Opportunity to Purchase?A: The Tenant Opportunity to Purchase is a legal provision in Washington, D.C. that gives tenants the right to purchase the property they are renting before it is sold to a third party.

Q: What is the advantage of using a Form B Offer of Sale?A: Using a Form B Offer of Sale allows property owners to offer the property for sale to their tenants first, without having to go through a third-party sale contract.