TOPA requirements for closing

In addition to providing Federal Title & Escrow Company with evidence of proper and timely notices to tenant(s) in accordance with Title IV of D.C. Law 3-86, "RENTAL HOUSING CONVERSION AND SALE ACT OF 1980 (a.k.a. TOPA)," Federal Title & Escrow Company requires the following in order for a seller to complete closing/consummation:

  • 1. A signed and notarized TOPA Affidavit form. The form provided below, or similar GCAAR form #1316, should be utilized;
  • 2. Each tenant must complete and sign a separate affidavit form in the presence of a Notary Public;
  • 3. Seller, or his/her agent,  must deliver each tenant-signed and notarized affidavit form to Federal Title & Escrow Company at least 3 business days prior to the scheduled date of closing/consummation.

TOPA Affidavit Individual

Related Articles

Leave a comment

You are commenting as guest.
  • Ways to save at closing

    Title charges are the largest chunk of closing costs and can vary by hundreds of dollars.

    Learn more

  • What are closing costs?

    The real estate closing process involves loan steps, legal steps and title steps.

    Learn more

  • What's title insurance?

    Insure your legal ownership just like you'd insure the building, but for lots cheaper.

    Learn more

Connect with us

Our blog contains general information only, not intended to be relied upon as, nor a substitute for, specific professional advice. Rate tables and figures that appear on our blog are deemed reliable but not guaranteed. For current rates & policies, refer to our Quick Quote and Consumer Guide. We accept no responsibility for loss occasioned to any purpose acting on or refraining from action as a result of any material on our blog.