News

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 from October 16, 2017 onward, ROD will only accept:

  • the new Reduced Recordation Tax Rate for First-Time District Homebuyers Application (ROD 11);
  • the revised FP 7/C (ROD 1) with line in Part I for the reduced recordation tax rate; and
  • the revised Transfer of Economic Interest Tax Return Form for Cooperatives (ROD 35) with lines for the two additional reduced tax rates.