Realtors® Lobby Congress on Discrimination Laws

On May 16 the National Association of Realtors® Broker Involvement Council lobbied Congress on four key issues affecting the real estate industry. They asked the U.S. House to pass H.R. 1447, which would protect Americans from housing discrimination on the basis of sexual orientation or gender identity. For more on NAR’s lobbying efforts, click here.

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DC Passes Grocery Store Covenant Legislation

The D.C. Council has passed legislation making covenants or restrictions that restrict the ability of certain property to be used as a grocery store or food retail store void or unenforceable. The Grocery Store Restrictive Covenant Prohibition Act of 2018 is intended to prevent “food deserts” from forming in the District. The legislation’s impact on

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TOPA to Exclude Single-Family Residences

Last month the D.C. Council passed the TOPA Single-Family Home Exemption Amendment Act of 2018 to exclude single-family homes (with certain exceptions) from the scope of TOPA, including those with accessory dwelling units. DCLTA worked extensively with the Council on behalf of our membership for certain technical provisions to provide clarity in underwriting TOPA in

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DC Council’s Proposed FY 2019 Budget is Released

The District of Columbia Council has released its proposed FY2019 budget for the period beginning July 1, 2018. Proposed tax changes include: Modifications to the commercial property tax rates and new tax credits Increase in the hotel tax New tax credits for grocery stores, retail and sit-down restaurants in Wards 7&8, including recordation/transfer tax waiver

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New ROD Forms Effective 10/16/17 (including new FP7!)

The Recorder of Deeds has now posted the most current Application for First-Time Homebuyers (ROD 11) and OTR’s Notice regarding it (OTR Tax Notice 2017-07) on its website. We urge DCLTA members to download the necessary forms from ROD’s website in order to have the most updated versions in your systems. https://otr.cfo.dc.gov/book/recorder-deeds-tax-forms For settlements conducted

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Update on Recordation Tax and First-Time Homebuyers

October 1 Implementation and Possible Corrective Legislation We previously let you know about the recently enacted First Time Homebuyer Tax Benefit Amendment Act of 2015 and the accompanying Application Form required by the D.C. Recorder of Deeds, which is available at https://otr.cfo.dc.gov/node/1272871. The DCLTA Board has been advocating for legislative clarity through the tireless efforts

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Revised DC WASA Procedures – REGISTER TODAY

It has come to our attention that DC Water has changed their procedures for requesting certain documents. DC Water will no longer accept ownership change, final bill, balance due, or payoff requests via email. All title company representatives must register to use and submit requests through the portal at https://3pp.DCWater.com. Registration is open between August 31,

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ROD Update: First-Time Homebuyer Application

You may be aware that the DC Council recently passed the First Time Homebuyer Tax Benefit Amendment Act of 2015. The Office of Tax and Revenue is interpreting the legislation to require the collection of documentation by title agents and auditing. To prepare for the October 1 implementation date, the Recorder of Deeds has announced

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ROD Announcement: First-Time Homebuyers

Please see the attached announcement from the Office of Tax and Revenue relating to the reduction in recording taxes for first-time homebuyers in D.C. OTR Tax Notice 2017-2: Reduced Recordation Tax Rate for First Time Homebuyers Recently enacted legislation will lower the recordation tax rate payable on residential properties (including cooperative units) acquired by first-time

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ROD Announcement: Easements on FP7s

Ida Williams, the Recorder of Deeds for the District of Columbia, has alerted the DCLTA Board of Directors of a recent change in policy regarding easements and the FP7 (Real Property Recordation and Transfer Tax Form). We have been asked to share the following communication with DCLTA’s membership: ROD is revising its FP7 form to

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