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

Building the Right Foundation for Your Team

By James M. Czapiga  Leading by example.  Change comes from the top. Behavior breeds behavior. We’ve heard these kinds of sayings before. But what does it truly mean to change the culture of an organization from one that’s “process or rules focused” to one where the focus is solely on the stakeholder? How is that

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Beyond Customer Service: Growing Your Business in Today’s Market

By Dr. Cynthia A. McGovern It wasn’t all that long ago that waiting for the cable guy was an all-day commitment. Remember? They’d be there “sometime between 8 a.m. and 4 p.m.” Or you’d sit on your phone, staring at your PC’s “blue screen of death,” waiting on hold as the 26th person in line,

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Make Your Customer the First Line of Defense

By Thomas Cronkright Cyber fraud is unhinged and has hit an epic level in real estate transactions.  Wire fraud activity increased 480% last year in the title industry alone and cyber crime is estimated to reach $2T by the end of 2019.  To put this in perspective, only eight countries in the world are expected to

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Know Your Customer: The Homeowner’s Dilemma and Why Generation Y Matters More Than Ever

By Mark Fleming “Homeowners may feel imprisoned by the mortgage rate on their own home. So instead of moving, a nice kitchen renovation may seem more appealing.” It may be hard to believe, but the Great Recession ended more than 8 years ago. Since then, the housing market has slowly recovered in most markets. But,

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