In Parrish v. Federal National Mortgage Association, the Virginia Supreme Court ruled 5-2 that when a defendant raises a bona fide question of the plaintiff’s title in an unlawful detainer/ejectment action before the General District Court, that court loses subject … 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
In a new opinion that merits review by anyone who underwrites title or defends title insurers in Virginia, a 6-1 majority of the Virginia Supreme Court held that Virginia Code sec. 38.2-209 requires that judges, not juries, make the determination … Read More
DC moves its technology forward to facilitate easy on-line filing.
Commercial property owners can anticipate receipt of notification from OTR that on-line filing
of Income and Expense forms is available. While online filing will be option for this year, it … Read More