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TOPA Law Keeps Investors Away

Affordable Housing and Tax Advantaged Investments, Real Estate Services

Jeffrey H. Gelman, a partner in the Transactional Real Estate Practice Group of the firm's Project and Resource Development Department, wrote this article about the Tenant Opportunity to Purchase Act (TOPA). The article addresses incremental amendments to the TOPA law over the years that add reasonable exceptions to the tenants' rights to purchase their rental property in the event the owner decides to sell the property.