DCLTA News

Closure of Non-Essential Businesses and Prohibition on Large Gatherings During Public Health Emergency for the 2019 Novel Coronavirus (COVID-19)

Mayor’s Order 2020-053 Click on Link:  https://bit.ly/3bEHKpl Disclaimer: “This announcement and the materials and notices provided, referenced, and/or made available on this web site are for informational purposes only and not for the purpose of providing legal, underwriting, or other advice. You should contact your attorney or underwriter to obtain advice with respect to any

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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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Industry News

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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How to Use ALTA’s Homebuyer Guide: Marketing One-pagers

ALTA created the Homebuyer Guide to help members easily communicate the benefit of owner’s title insurance. The Homebuyer Guide includes more than 60 marketing resources available for direct-to-consumer communication. These materials are available exclusively to members. In this post, we focus on how you can use the various marketing one-pagers that are available. These can

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