Home | Newsletter | Advertise
loading...

UrbanTurf Reader Asks: Why Do Condo Developments Restrict Re-Sales?

  • June 16th 2009

by Mark Wellborn

✉️ Want to forward this article? Click here.

UrbanTurf Reader Asks: Why Do Condo Developments Restrict Re-Sales?: Figure 1

In this week’s installment of UrbanTurf Reader Asks, a reader who has been looking to buy a condo in the DC area wonders why certain developments restrict re-sales within the first few years following the date of settlement:

"I have been looking at condos in DC and the Maryland suburbs for the last six months. I am interested in both large and small developments, but there seem to be many more options in large new buildings in the DC area. What bothers me about these places is that many restrict the owner from putting the unit back on the market for at least two years from the date of settlement.

Is this common, and if so, is there any way around it?"

Post your thoughts in the comments section. If you would like to submit a question for UrbanTurf Reader Asks, send an email to editor@urbanturf.com.

See other articles related to: dclofts, urbanturf reader asks

This article originally published at https://dc.urbanturf.com/articles/blog/urbanturf_reader_asks_why_do_condo_developments_restrict_resales/1030.

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse