District of Columbia Statutes
§ 42-306 — Deed or will necessary for more than one-year term or for limitation upon such.
(a)For the purposes of this section, “commercial lease” means a lease for nonresidential real property.
(b)Except as provided in subsection (c) of this section, no estate of inheritance, or for life, or for a longer term than 1 year, in any real property, corporeal or incorporeal, in the District of Columbia, or any declaration or limitation of uses in the same, for any of the estates mentioned, shall be created or take effect, except by deed signed and sealed by the grantor, lessor, or declarant, in person or by power of attorney or by will.
(c)Commercial leases for a longer term than 1 year in any real property in the District of Columbia may be signed on behalf of the owner of real property by an authorized agent.
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District of Columbia § 42-306 (Deed or will necessary for more than one-year term or for limitation upon such.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
Mar. 3, 1901, 31 Stat. 1267, ch. 854, § 492; June 30, 1902, 32 Stat. 531, ch. 1329; June 11, 1992, D.C. Law 9-116, § 2, 39 DCR 3186; Apr. 27, 1994, D.C. Law 10-110, § 2(a), 41 DCR 1023
Nearby Sections
15
§ 42-1001
“Power” defined.§ 42-1002
General power.§ 42-1003
Special power.§ 42-1004
Beneficial power.§ 42-1009
Right of grantor to reserve power.§ 42-1011
General powers in trust.§ 42-1012
Special powers in trust.