2221 SALE BY HEIRS AND LENDERS

2221.1 If an Inclusionary Unit Owner dies, at least one (1) heir, legatee, or other person taking title to the Inclusionary Unit by will or by operation of law shall occupy the Inclusionary Unit or shall provide the Department of Housing and Community Development with a Notice of Availability in accordance with § 2206.

2221.2 In the event of foreclosure, the Inclusionary Development Covenant and Inclusionary Unit Covenant shall not be released and the mortgage holder shall provide the Department of Housing and Community Development with a Notice of Availability in accordance with § 2206.

SOURCE: Notice of Final Rulemaking published at 56 DCR 3907 (May 15, 2009) (as section 2222); as amended by Final Rulemaking published at 56 DCR 9295, 9319 (December 11, 2009).