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, it falls 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 an MPDU during the control period:
The first step is to request the current MPDU Maximum Resale Price by submitting a Refinance and Resale Price Request Form available in the link below. Within 21 days, the MPDU office will send the homeowner the MPDU Maximum Resale Price and an MPDU Marketing Form.