Section 9-515. RECORDATION OF ECONOMIC INTERESTS

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515.1A transfer of an economic interest in real property located in the District shall occur upon the conveying, vesting, granting, bargaining, sale, or assignment of a controlling interest in any corporation, partnership, association, trust, or other unincorporated entity that is subject to the Act.

515.2A deed shall be filed by any entity that is subject to the Recordation of Economic Interests Act whenever a transfer of an economic interest in the entity occurs.

authority

Section 2(c) of the District of Columbia Real Property Tax Revision Act of 1974, approved September 3, 1974 (88 Stat. 1051, Pub.L. 93-407).

source

Final Rulemaking published at 36 DCR 8653, 8654 (December 29, 1989).

                    
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