Condominium Conversions

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What Is A Condominium Conversion?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.

Why Do A Condominium Conversion?

Condominium Conversions allows for real estate developers to increase the density of a property in order to provide new housing accommodation options within their respective urban communities. This presents investors with a potential for a profitable investment, while creating new home ownership opportunities for families and first time home-buyers.

How To Do A Condominium Conversion?

Condominium Conversions are entitled through an approval process regulated by the local municipal government / authority. In Washington DC, the condo conversion process is governed by The Rental Conversion and Sale Division (CASD) within Department of Housing and Community Development (DHCD) and as constituted by The Rental Housing Conversion and Sale Act of 1980, as amended (D.C. Law 3-86) (the Conversion Act) and The Condominium Act of 1976 Technical and Clarifying Amendment Act, as amended (D.C. Law 9-82) (the Condominium Act).

To learn more about condominium conversions in Washington DC, email or call us
[email protected]
(202) 888-0132.

3-Step Condo Conversion Process in DC

Step 1

ELIGIBILITY TO CONVERT

An "Eligibility to Convert" application must first be submitted to Department of Housing and Community Development (DHCD) for all condominium conversions in Washington DC. Based on the previous occupation circumstances of a vacant property, the application is either categorized as a "Not a Housing Accommodation Exemption" (NHA) or a "Vacancy Exemption" (VE). If the subject property is to remain tenanted, the Owner must request for a "Tenant Election to Convert." DHCD will award a Certificate of Eligibility to Convert to approved applications, which provides the green light to continue the conversion process in the District and start forming the Public Offering Statement

FAQ for DC Condo Conversions

What Is Included In The Public Offering Statement?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.

How Long Does The Conversion Process Take?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.

How Much Does The Conversion Filing Cost?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.

What Is A Conversion Fee? What Are The Exemptions?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.

What Warranty Do I Need To Provide For A Condo Conversion?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.

How Can I Start On My Dc Condo Conversion Project Today?

Condominium Conversion is the process whereby a singular residential or commercial property is transformed and entitled into multiple, individual condo units. The buyers of these condo units are said to be Unit Owners and are governed by a Condominium Regime or Association.