Tag: Legislation

Digital closing a.k.a. remote closing – New opportunity for your real estate business?

Written by Federal Title on 2022-08-15.

Digital closings, or remote online closings as they are known in the title industry, are a complete game changer for real estate agents and their clients.What makes digital closings so special?Using the latest identification verification...

SECURE Notarization Act passes in the House, paves way for national RON legislation

Written by Federal Title on 2022-07-29.

The U.S. House of Representatives passed a series of bills on Wednesday night that included the ALTA-supported Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act (H.R. 3962), according to a news bulletin...

Virginia Flag waves before a bright blue sky

Virginia Bans Split Closings

Written by Kimberly Gentile on 2022-02-04.

The Virginia Bureau of Insurance today announced in an administrative letter that it has effectively banned split closings, which is an industry term for a practice where closing services are divided between two or more settlement agents.In...

The cost of buying a home in Montgomery County to increase Sept. 1

Written by Federal Title on 2016-05-27.

Despite protests from the local real estate community, the Montgomery County Council last week unanimously approved an increase to the recordation tax, paid by homebuyers and sellers at closing, as a way to pay for school construction. ...

MoCo Council to consider increase to recordation taxes

Written by Federal Title on 2016-04-21.

The cost of buying a home in Montgomery County may soon increase, as County Council President Nancy Floreen has proposed an increase in the recordation taxes paid at real estate closings as a way to finance school construction. The measure...

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Tag: Legislation

Digital closing a.k.a. remote closing – New opportunity for your real estate business?

SECURE Notarization Act passes in the House, paves way for national RON legislation

Virginia Bans Split Closings

The cost of buying a home in Montgomery County to increase Sept. 1

MoCo Council to consider increase to recordation taxes

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