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22-0250
| 0 | | The Councilmember Mary Pat Clarke Opportunity to Purchase Act | Ordinance | The Councilmember Mary Pat Clarke Opportunity to Purchase Act
For the purpose of repealing City Code, Article 13, Subtitle 6 {“Tenant’s Right of First Refusal”} as obsolete and replacing it with a subtitle establishing a tenant’s opportunity to purchase certain rental facilities; defining certain terms; establishing certain exemptions from the subtitle; providing for certain rules of interpretation; authorizing the Commissioner of the Department of Housing and Community Development to adopt rules and regulations to carry out the subtitle; requiring that a landlord provide a notice of offer of sale to certain persons on deciding to sell a rental facility; establishing certain procedures for landlords and tenants in instances where a party submits a statement of interest to purchase a rental facility; allowing for the landlord to require certain earnest money deposits; permitting the assignment of certain rights; prohibiting a waiver of certain rights absent agreed-on consideration; requiring certain disclosures if a rental facility is transferred to a party other than a tenant; requi | Recommended Favorably with Amendment | Pass |
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