TOPA In The City Of Takoma Park


Hello this is Deirdre Brown your settlement agent serving DC, Maryland and Virginia. Today I want to talk to you about TOPA, but not in DC. TOPA in the City of Takoma Park. That's right the City of Takoma Park Maryland also has TOPA. Where you must give your tenant the opportunity to purchase your property at the same sales price and terms as a third party contract. You also need to give the City of Takoma Park the opportunity purchase your property as well. There are rules and regulations about how the documents should be served as well as time frames before we can go to settlement. If you have more TOPA related questions you can reach out to me at close with