Skip to main content
Find a Lawyer

District of Columbia Code Division VII. Property. § 42-3404. Exercise or assignment of rights;  secondary assignment.

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The tenant may exercise rights under this subchapter in conjunction with a third party or by assigning or selling those rights to any party, whether private or governmental.  The exercise, assignment, or sale of tenant rights may be for any consideration which the tenant, in the tenant's sole discretion, finds acceptable.  Such an exercise, assignment, or sale may occur at any time in the process set forth in this subchapter;  provided, that the cooling-off period in § 42-3404.03b has elapsed, and may be structured in any way the tenant, in the tenant's sole discretion, finds acceptable.

(b)(A) If a tenant assigns or sells the tenant's rights under this subchapter, the recipient may only further reassign the rights to a private or nonprofit corporation or a partnership of which the assignee or buyer is an owner, managing member, or officer who can legally bind the entity.

(B) No consideration shall be allowed in exchange for a secondary assignment.

(C) A tenant who has assigned or sold rights under this subchapter for consideration is entitled to said consideration regardless of whether the tenant has vacated the housing accommodation prior to receipt.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - District of Columbia Code Division VII. Property. § 42-3404. Exercise or assignment of rights;  secondary assignment. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-vii-property/dc-code-sect-42-3404-06/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard