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Burlington Code § 18

Citation
Burlington Code § 18 (e)
Parent Document
Burlington Code ch. 18 art. V
Jurisdiction
Burlington (municipal)

Other Sections in This Document (71)

Full Text

452 chars
(e) The sale price of the property shall be set either by a bona fide contract of sale which already exists with a third party at the time of the notice to tenants or by an appraisal process which has both the owner and prospective buyer commissioning an independent appraisal and a third appraiser reviewing the two (2) appraisals if the two (2) parties cannot agree on a price or the two (2) original appraisals are more than ten (10) per cent apart.