Month: March 2015

DC Economic Interest Purchase Money-Recordation Tax

DC Expands Exemptions for Recordation Tax on D/T’s Association with Deeds of Economic Interest While it has long been the practice and law that deeds of trust filed simultaneously with the acquisition of real estate are exempt from recordation tax, the exemption was limited to interests in real estate. Since a Deed ... Read More

VA Supreme Court: Shevlin Smith v. McLaughlin

The opinion in Shevlin Smith v. McLaughlin provides a veritable cornucopia of rulings—15 assignments of error were considered!—that touch on important areas of legal malpractice and civil litigation that all practitioners should review. The case concerns a legal malpractice case by McLaughlin against his former firm of Shevlin Smith, ... Read More