
Tag Archives: washington dc
End of the Calendar Year: A Good Time to Confirm Compliance Issues for Businesses
Corporations, limited liability companies (LLCs), and other business entities are certainly aware of the need to make certain end of year decisions for income tax purposes, but it also is a good time to perform a business audit for possible state, local, and personal property tax return deadlines. It is also advisable for businesses to review other corporate compliance issues, such ... Read More
TAGGED: duty of loyalty, District of Columbia, business entities, limited liability companies, Corporations, nonprofits, maryland, washington dc, duty of care, Fairfax County Department of Tax Administration, Payroll Taxes, Breaches of Fiduciary Duties, Fiduciary Duties, Corporate Bylaws, Corporate Requirements, and Recordkeeping, Elections, Meetings, Boards, Corporate Formalities, Fairfax County, Arlington County, l Business Tangible Personal Property Returns, property tax return (Form FP-31), Annual Reports, biennial reports, Virginia, Corporate Filing Requirements, LLC
Consider Carefully The New Certification Required Under The Revised D.C. FP7
The D.C. 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, per DC Code § 42-407(2).” That statute, reprinted below, says that D.C. shall not record if any Transfer ... Read More
DC: Proposed Laws Challenge the Airbnb Model
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 DCRA to regulate the industry, monitor compliance by the housing providers and ... Read More
DC Tenant Bill of Rights– Landlords to Amend Their Practices as of July 3!
In August of 2014, then Mayor Vincent Gray signed a bill into law that requires landlords to provide their tenants with a copy of the District of Columbia Tenant Bill of Rights. The District has long been seen as a relatively tenant-friendly city and this new law, effective ... Read More
TAGGED: washington dc, landlords, tenant bill of rights, tenants
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
DC: Home Seller is not a merchant under CPPA; Buyer’s Claim of Withholding Information fails – no detrimental
In Sundberg v. TTR Realty, Buyers entered into a contract to purchase a home and alleged that, after the contract was signed, but before closing, the Seller and his real estate agent and brokerage withheld information and provided false information about construction that was to occur across the street. Buyers further allege ... Read More
DC: Defect in notice of foreclosure did not create substantial risk of misleading record owner
In Dennis T. Comer v. Wells Fargo Bank, NA, No. 13-CV-1025 (D.C. Jan. 29, 2015), the D.C. Court of Appeals was called upon to review whether the trial court had properly dismissed counts of an amended complaint in connection with a wrongful disclosure In 2008, Mr. Comer was approved for ... Read More
DC: Filing a lis pendens may expose filer to claim if the underlying lawsuit was filed in bad faith
In Havilah Real Property Services, LLC v. VLK, LLC, et al., the D.C Court of Appeals recently addressed the merits of litigation and the privilege associated with the recordation of lis pendens in a lengthy dispute between Havilah and VLK that was directly related to a personal dispute between ... Read More
DC Court Clarifies Requirements for an Easement or a Prescriptive Easement
On September 18, 2014, the D.C. Court of Appeals provided a “clearer explication of the requirements to claim an implied grant of an easement or a prescriptive easement” to help guide D.C. landowners as to their rights. In Martin v. Bicknell, two neighboring townhouse owners got into a fight over a ... Read More
TAGGED: prescriptive easement, DC Court, washington dc, easement
DC: Judicial Foreclosure
Judicial Foreclosure. Plaintiff, Defense, and Amicus have submitted proposed procedures for judicial foreclosure likely to be adopted by the DC Superior Court. Please click here to read. ... Read More
TAGGED: foreclosures, washington dc, judicial foreclosures