About this Event
Selling a multiunit property in Washington, D.C., means navigating the Tenant Opportunity to Purchase Act (TOPA)—a process that can add $30,000 to $100,000+ in unexpected costs if not handled properly. Legal fees, extended holding costs, and price reductions from prolonged negotiations can eat into your profits. Worse, non-compliance can lead to civil fines of up to $50,000 per violation, lawsuits from tenants, and even forced contract reversals.
What You’ll Learn in This Seminar:
✅ The True Costs of TOPA – How sellers lose an average of $30,000 to $75,000 due to legal fees ($5,000–$25,000), extended carrying costs ($10,000–$30,000 per month), and price reductions ($15,000–$50,000) from lengthy negotiations.
✅ Common Pitfalls & Legal Risks – Missed deadlines, improper tenant notifications, and bad legal advice can lead to fines, injunctions, and six-figure financial losses.
✅ Fines & Legal Consequences – Failure to comply with TOPA’s strict rules can result in: Up to $50,000 in civil fines per violation
Court-ordered sale reversals, forcing sellers to start over
Tenant lawsuits demanding damages or delaying the sale indefinitely
✅ Proven Strategies to Save $30K+ – How to streamline the process, minimize legal fees, and avoid unnecessary delays.
✅ Real Case Studies – How D.C. property owners successfully saved $30,000–$100,000+ by handling TOPA correctly.
Whether you’re preparing to sell or simply want to understand how TOPA impacts your property’s value, this seminar will equip you with the insider knowledge to turn a TOPA challenge into a TOPA triumph—saving money, avoiding legal trouble, and closing your deal smoothly!
Don’t let TOPA turn your sale into a financial nightmare. Join us to learn how to protect your profits, stay compliant, and close your deal without unnecessary costs or legal trouble.
📅 Date: Saturday, May 10th
🕒 Time: 10:45AM -12:15PM
📍 Location: 519 C Street NE (Basement)
Who Should Attend? This seminar is designed for owners of multiunit residential buildings in DC. Please note that this event is for multi- unit building owners ONLY. Attendees MUST own a multi-unit building in DC with 2-4 more units. Seats are limited to 30 attendees only.
Thank you to our sponsors:
District Title LLC
Jeff Darrah, Esq.*
Managing Attorney
District Title, an MBH Partner
202.518.9300 x314# PHONE
202.518.9301 FAX
[email protected]
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Jeff Horan
Realty Exchange Corporation
direct: 571-416-7744
Event Venue & Nearby Stays
Keller Williams Capital Properties (Basement), 519 C St NE, Washington, United States
USD 0.00
