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Reply to "TOPA exemption for SFHs in DC - will this create more supply?"
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[quote=Anonymous][quote=Anonymous]NP. So if TOPA is eliminated, an SFH landlord still cannot terminate a lease because they want to sell the property? The tenant has infinite rights to live there? That does indeed seem crazy.[/quote] The lease survives the sale. If the new owner wants to live there, she can give the tenant 90 days notice and then personally occupy it. And if the new owner wants to rent it out, it would be to the current tenant until that tenancy ends.[/quote]
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