News/Blogs
May 31st, 2012
UPDATE: Fannie and Freddie Transfers
May 7th, 2012
Fannie and Freddie Transfers Now Subject to New Castle County Transfer Tax
February 16th, 2012
Town of Elsmere Terminates It’s First Time Homebuyer Program
February 7, 2012
Delaware Civil Union and Equality Act
The Delaware Civil Union and Equality Act of 2011 went into effect on January 1, 2012, which amends Title 13 of the Delaware Code relating to civil unions. Among the many legal protections and benefits for same-sex couples who enter into a recognized civil union under this law, is the opportunity to hold title to real property as tenants by the entirety.
May 22nd, 2012
Important Change to Recordation Taxes in Maryland
May 7th, 2012
Strict Liability for Pit Bulls in Maryland for Pet Owners and Landlords
February 7, 2012
AUTOMATIC RESIDENTIAL MORTGAGE FORECLOSURE MEDIATION PROGRAM IN DELAWARE
Delaware law now mandates mediation for all residential mortgage foreclosures filed on or after January 19, 2012, for primary residences. A lender, before proceeding with a foreclosure, must give notice of available mediation to the homeowner and must participate in the mediation. The homeowner is not required to participate in the mediation, and if the homeowner does not participate in the mediation then the foreclosure may proceed without the mediation. The goal of the new law is to compel more homeowners and lenders to come to the table and agree on modified terms to try to avoid some of the foreclosures occurring in Delaware.
