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Owner Occupancy

Written by Federal Title on .

I often get asked at the settlement table - Why are 5 different lender documents required if the borrower is going to occupy the property? The answer is the interest rate and the type of loan offered by the lender may be directly related...

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DC Real Property Assessment Cap Credit

Written by Federal Title on .

Understanding the property tax assessment process can be a bit tricky. Specifically, it can be difficult to understand the difference between an assessed value and a taxable assessed value. Part of the confusion has to do with the Assessment...

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Radon Testing in Montgomery County

Written by Federal Title on .

Question from a client: The buyers are going to do a rebuild of their home. Is the seller still required to do a radon test or can we get an exception?  Answer from an attorney: Montgomery County’s Radon Testing Requirement Act provides an...

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