Jackson & Campbell, P.C., D.C. law firm representing regional and national clients in dispute resolutions, including litigation, arbitration and mediation.

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August 8, 2011 Real Property & Asset Management Practice Group David H. Cox (Co-Chair) James R. Michal (Co-Chair) Lydia A. Auzoux Lisa A. Bell Richard W. Bryan Kristina A. Crooks Christopher A. Glaser Justin P. Hayes Thomas Penfield Jackson Roy L. Kaufmann, Of Counsel Allyson C. Kitchel James N. Markels John J. Matteo Clifton M. Mount Stefan C. Nicholas David A. Rahnis Mitchell B. Weitzman		DISTRICT OF COLUMBIA DC: Bill Proposes a Clarification of Recordation Tax on Commercial Refi’s. In commercial refinances, it has been customary to pay recordation tax only upon any increase in the borrowed amount. That practice was recently called into question and a Bill was introduced to clarify the situation. Click HERE for details. Condominiums: Insurance Considerations for the Owner. Attorneys and other advisors are often called upon to review the insurance needs of clients who have purchased condominiums or who rent out condominiums. This article discusses the intricacies of condominium unit-owner insurance. Click HERE for details. D.C. LEGISLATIVE UPDATE CHARTS 19th Council Period (2011) 18th Council Period (2009-2010) VIRGINIA VA: On Tuesday, August 2, 2011, the 4th Circuit decided to certify certain CRESPA-related questions to the Virginia Supreme Court. Assuming the certified questions are answered, it should settle with certainty a number of critical issues surrounding the availability of CRESPA bond proceeds to Lenders and Title Insurers suffering certain losses in VA. For a copy of the decision, click HERE. NEWS, SEMINARS & EVENTS: DC: 2011-2012 U.S.News – Best Lawyers “Best Law Firms” rankings are complete and Jackson & Campbell has earned impressive placement. Congratulations to David Cox. For the third year in a row, he was elected to serve as co-chair of the DC Bar REHLU Steering Committee. Please feel free to circulate this news alert to others in the industry, both within and outside your office. Sincerely, Roy L. Kaufmann of the Real Property and Asset Management Group Jackson & Campbell P.C. email: Roy L. Kaufmann at rkaufmann@jackscamp.com voice: (202) 457-1600 web: www.jackscamp.com	Other Legal Updates: News Alerts To subscribe to any of our publications, click here.

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	© 2011 Jackson & Campbell, P.C.

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