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An Act to guarantee a tenant’s first right of refusal S.880/H.1350 The TOPA Enabling Act would allow cities and towns the local option of providing tenants in multi-family buildings the right to match a third-party offer when their homes are being sold. Tenants can designate their rights to a non-profit or local housing authority, or partner with an affordable housing purchaser. TOPA is revenue neutral, does not regulate sales prices, and explicitly exempts small owners. |
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