The Tenant Opportunity to Purchase Act (TOPA) requires that residential tenants in the District of Columbia be given the opportunity to purchase their rental property before the property is sold to a third party.
Join us for breakfast and a lively discussion with our team of panelists about the requirements and complexities of the TOPA process and the differing perspectives and strategies of title insurers, developers, and tenant representatives to negotiate and navigate TOPA.
At the breakfast, our panelists will discuss:
- District of Columbia regulatory and procedural requirements applicable to a TOPA transaction
- A developer's perspective when buying/selling a project subject to TOPA requirements
- Title conditions/requirements when insuring a TOPA purchase/sale deal
- Tenant considerations and options when the rental property is offered for sale
Date & TIme
Tuesday, May 3, 2016
7:30 AM - 10:00 AM ET
Moderator
Roger D. Winston, Partner
Ballard Spahr
panelisTS
Lauren Pair, Conversion and Sale Administrator
District of Columbia Department of Housing and Community Development
Asheel Shah, President, Multifamily Development
Kettler
Elizabeth Ussery, Assistant Vice-President
and Underwriting and Closing Counsel
Fidelity National Title
Jay Forth, Tenant Association Representative
Housing Counseling Services
For more information, contact Jennifer D. Boehm at boehmj@ballardspahr.com.
