Deed or will necessary for more than one-year term or for limitation upon such.
For the purposes of this section, “commercial lease” means a lease for nonresidential real property. 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. 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.
Annotations
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 1973 Ed., § 45-106. 1981 Ed., § 45-306. This section is referenced in § 42-401. Statute of frauds, see §§ 28-3501, 28-3503. Effective date of deeds, see § 42-401.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.