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Selling a MPDU Before the Control Period has Expired

Different rules apply at each stage of the MPDU Ownership depending on the MPDU Covenants placed on the property prior to sale for a certain length of time (the control period). If the property was first purchased after April 1, 2005, the property is within the control period, which is 30 years. An MPDU homeowner who wants to sell their MPDU must work with the MPDU office and follow the ?Steps for selling and MPDU?:

The first step is for an MPDU homeowner to request the current ?MPDU Maximum Resale Price? by submitting a Refinance and Resale Price Request Form. The form can be found under the first link and topic titled: ?During control period: Rules for MPDU Sales?. Complete the form and follow steps within.

Find more information from the following link(s):
To speak with a Customer Service Representative, please call 311 during business hours.

Last Updated: 02/28/2024 10:03:22