May 19, 2020
In response to the financial burdens experienced by individuals and businesses because of COVID-19, DC has passed emergency legislation providing various relief for DC residents and businesses, including a moratorium on evictions and foreclosures.
April 1, 2020
As you may know, the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) issued guidance on operations and services that should continue during the COVID-19 response to ensure the continuity of functions critical to public health and safety, as well as economic and national security. In response to the efforts of the real estate industry, on March 28, 2020, CISA released updated guidance (Version 2.0) that now includes “Residential and commercial real estate services, including settlement services” within the list of essential services.
March 30, 2020
As you may know, the outbreak of COVID-19 has resulted in the issuance of several Executive Orders by Governor Hogan. Today, Governor Hogan issued a stay-at-home order (Executive Order 20-03-30-01) that requires, among other things, Non-Essential Businesses to remain closed to the general public and Maryland residents to stay in their homes or places of residence except to conduct or participate in Essential Activities, which includes obtaining necessary supplies or services for one’s self or household.
March 30, 2020
Our firm is considered an essential business, and we will continue to conduct real estate closings as scheduled.
March 27, 2020
As you may know, any funds required for a real estate transaction must be “good funds,” meaning that the funds must be deposited in the settlement company’s escrow account at the time of closing and immediately available for disbursement after settlement is complete.
March 18, 2020
Read More February 7, 2020
On January 24, 2020, the Montgomery County Council signed Bill 18-19 into law, which requires landlords to provide certain accommodations to tenants who are displaced due to condemnation of a rental home.
June 27, 2019
Did you know that the DC Council recently passed a bill that will increase recordation and transfer taxes to 5% […]
March 29, 2019
We will be discussing the key changes in a series of posts relating to the revised forms. In our last […]
