DC Councilmember Proposes Bill to Strengthen Rights of Condo Owners
✉️ Want to forward this article? Click here.
On Tuesday, DC Councilmember Anita Bonds introduced the “Condominium Owner Bill of Rights Amendment Act of 2015”, legislation that aims to provide greater protections to condominium owners in the city.
Specifically, the bill would require mediation before a condominium board in a building is allowed to foreclose on one of the unit owners. According to a release, it would also “strengthen the ethical and fiduciary obligations of condo board officers and members” although more specific details of this provision were not provided. A condominium bill of rights would also be required to be given to the owner when they move into the unit.
“Across the District, thousands and thousands of residents are governed by condo associations with varying degrees of experience, knowledge, and intent,” explained Councilmember Bonds. “This bill will establish a uniform statement of owners’ rights and assist condominium owners by guaranteeing them greater protections under law.”
UrbanTurf has reached out to Councilmember Bonds’ office to get more details on the bill.
This article originally published at https://dc.urbanturf.com/articles/blog/dc_councilmember_proposes_bill_to_strengthen_rights_of_condo_owners/10483.
Most Popular... This Week • Last 30 Days • Ever

When it comes to financing a home purchase, a 30-year mortgage is one of the most com... read »

The projects on the Maryland and DC sides of the Friendship Heights neighborhood incl... read »

The interesting conversion plans in the works for an aging downtown DC office buildin... read »

The mortgage blacklist; the plan to build homes on federal land; and whose big yacht ... read »

This week’s Best New Listings includes a well-preserved home that hasn't been on th... read »
- A Look at the Alternatives to a 30-Year Mortgage
- Mall Conversions, Trader Joe's And The Thousands Of Units Coming To Friendship Heights
- Extension Filed For Hybrid Residential Project Pitched For K Street Office Building
- Tuesday's Must Reads
- Best New Listings: On The Market For The First Time in 50 Years
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro