Washington, DC Things to Consider when embarking on a Condo Conversion

How long do condo conversions take to complete? Condo conversions take much longer than traditional rehabs. Many DC investors are in and out of a single-family flip in around 4-6 months, but condo conversions could take anywhere from 12-24 months between permitting and construction. 

Things to Consider when embarking on a Condo condition

• An "Eligibility to Convert" application must first be submitted to Department of Housing and Community Development (DHCD) for all condominium conversions in Washington DC.

• PUBLIC OFFERING STATEMENT. ...

• DCRA RECORDATION.

• Need Approval from Zoning

• Costs to consider

  • Architect or Engineer Statement about the present condition of property including structual components and major utilities

  • Architectural Drawings

  • Permits

  • Licensed contractor

  • 5% conversion fee

• Links for more information

  • DC Code - Condominium Conversions

  • DC Condo conversions 101 - WCP

  • The Ultimate Guide to DC Condo Conversions - WCP

Maryland

• Application for the Registraiton of Public offering statement for a residential condominium.