DCLTA News

New Recordation/Transfer Tax Rate Increase on Commercial Properties and Comments to Revised Form FP-7/C

DCLTA Board members recently attended a joint meeting with AOBA (Apartment and Office Building Association of Metropolitan Washington), D.C.Recorder of Deeds Ida Williams, and Robert McKeon (Deputy Chief Counsel with OTR). The topic was the recently enacted Recordation and Transfer Taxes Amendment Act of 2019, which increases the recordation and transfer taxes applicable to commercial

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DISB Bulletin on Partial Government Shutdown

The Department of Insurance, Securities and Banking has issued Bulletin 19-IB-1-1/24 directed to all insurance and banking entities licensed or regulated by the Department regarding financial hardship resulting from the partial shutdown of the federal government. The Bulletin may be downloaded below.  

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Industry News

Highlights of ALTA’s New Responsive Website

Check out this graphic for a quick primer on what to expect when you visit ALTA’s redesigned website: Source: ALTA Blog

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ALTA Members Recognized for Creative Use of HOP

During ALTA ONE earlier this month, two member companies were recognized for their creative use of the Homebuyer Outreach Program (HOP). HOP was developed to help ALTA members easily communicate the benefits of owner’s title insurance with homebuyers, real estate agents and others. Receiving a complimentary registration to ALTA ONE was Boone Central Title Company

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ALTA ONE Attendees Raise Nearly $2K for Food Bank

Attendees at ALTA ONE in Scottsdale, Ariz., raised nearly $2,000 for St. Mary’s Food Bank Alliance. During the unveiling of ALTA ONE—the association’s new live-event experience—attendees received $1 bills. Pointing to the words “E Pluribus Unum” on the dollar bill, ALTA CEO Michelle Korsmo said that as a group the industry is strong and as one

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TRID Title Insurance Fee Disclosure Confuses Consumers

Since rolling out the TILA-RESPA Integrated Disclosures (TRID) rule, the Consumer Financial Protection Bureau has said the goal of the new mortgage disclosures was to make the process of getting a mortgage is easier and to help consumers understand the key features, costs and risks of a loan. When the CFPB proposed its amendments to

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