D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 14. HOUSING |
Chapter 14-29. HOMESTEAD HOUSING PRESERVATION PROGRAM |
Section 14-2912. CONVEYANCE OF TITLE
Latest version.
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2912.1Conveyance of title to homesteaders shall be by special warranty deed, subject to conditions of an abatement agreement entered into by the District and the homesteader at the same time as the conveyance of title.
2912.2Conveyance of title to multi-family homesteads shall be in consideration of a purchase price of two hundred fifty dollars ($250) per dwelling unit.
2912.3Conveyance of title for single family homesteads shall be in consideration of a purchase price of two hundred fifty dollars ($250) or a price determined by the Administrator to be fair and equitable, considering the income level of the purchaser, the condition of the property and other factors as the Administrator deems appropriate.
source
Notice of Final Rulemaking published at 34 DCR 4947, 4957-58 (July 31, 1987).