D.C. Mun. Regs. tit. 9, r. 9-515

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 9-515 - RECORDATION OF ECONOMIC INTERESTS

515.1

A 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.

515.2

A 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.

D.C. Mun. Regs. tit. 9, r. 9-515

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

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 ).