A standard provision of commercial lease agreements is an agreement by the Tenant to execute estoppel certificates, and to attorn to a lender.
An estoppel certificate is a statement from the tenant to either a lender or a prospective purchaser … Read More
Generally, if a borrower is required to pay a sum certain at a specific time, the obligation is considered “debt” under the Internal Revenue Code. If the lender forgives a portion, it has “cancelled” the debt and the borrower must … Read More
The DC Recorder of Deeds announced today that it has revised the Real Property Recordation and Transfer Tax Form FP 7/C (herein “FP7C”). The purpose of this revision was to “contain a self-certification of compliance with tax payment, … Read More
On March 4, 2016 the Zoning Commission of the District of Columbia, after scores of hearings and meetings, issued completely revised zoning regulations. The changes from earlier regulations are extensive and practitioners and laymen are encouraged to read the … Read More
DC Water published proposed rules that would institute a System Availability Fee (“SAF”), targeting projects that require an increase in the size of the water connection for drinking water.
DC Water, in its continuing effort to recapture infrastructure costs it … Read More
Title professionals are familiar with the requirement to withhold 10% on sales of real property (including short-sales) by foreign nationals pursuant to the Foreign Investment in Real Property Tax Act (FIRPTA).
Beginning on February 16, 2016, the percentage will increase … Read More
Vincent Orange, Councilmember of the D.C. Counsel has introduced two bills that would directly challenge the Airbnb business model.
The “Short Term Rental Regulation and Housing Protection Amendment Act of 2015” would establish a Special Enforcement Division with … Read More
Analysis of Changes in 10/2015 Version
Roy L. Kaufmann
Jackson & Campbell, P.C.
A well-formatted, printable .pdf of this article is available here.
GCAAR SALES CONTRACT (GCAAR FORM 911) 
The new GCAAR Sales Contract (here, we … Read More
The DC Surveyor’s Office has announced changes in its fee structure. The new fee structure, revised as of July 2015, can be found here. … Read More
By Roy L. Kaufmann of Jackson & Campbell, P.C. and Margarita Dilone, President and CEO of Crystal Insurance Group, Inc.
Owners of condominium units should review their condominium insurance needs carefully. A unit-owner’s policy is essential. In fact, … Read More