District of Columbia Statutes
§ 16-2939 — Report of open-market sale.
District of Columbia·Title 16 Particular Actions, Proceedings and Matters. [Enacted title]·Ch. 29 Partition.·Subch. III Partition of Real Property.
(a)A broker appointed pursuant to § 16-2938(b) to offer real property for open-market sale shall file a report with the court no later than 7 days after receiving an offer to purchase the real property for at least the value determined pursuant to § 16-2934 or § 16-2938 .
(b)The report required by subsection (a) of this section shall contain the following information:
(1)A description of the real property to be sold to the buyer;
(2)The name of the buyer;
(3)The proposed purchase price;
(4)The terms and conditions of the proposed sale, including the terms of any owner financing;
(5)The amount to be paid to lienholders;
(6)A statement of contractual or other arrangements or conditions of the real estate broker's commission; and
(7)Other material facts relevant
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