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News & Updates
- ALTA'S BEST PRACTICE: See Our Best Practice at Work!
- Buyers Discount Coupon: Save up to $650 at closing with our Buyers Discount Coupon
- Client Advisory: Maryland increases withholding tax for non-resident Individuals....
- DC Tax Bills Available Online: The DC Office of Tax and Revenue (OTR) is now providing online access to Tax Bills for DC Residents
- Community Update: Counselors Title is proud to support these fine local organizations
To our valued clients and partners:
In light of the declared state of emergency arising from the Coronavirus (COVID-19) pandemic and the corresponding government staff modifications and CDC directives in an effort to limit the spread of the virus, we wanted to advise you how these events will affect our ability to conduct your upcoming closing and our procedures regarding same.
First and foremost, we have received confirmation from our title insurance underwriter that we will be able to continue to conduct closings even in the event that the local government in which the property is located elects to shut down its Land Records department. In most of our jurisdictions, we have the ability to record electronically and will continue to do so. In the event that settlement documents cannot be recorded due to a shutdown, we will still be able to proceed to closing and the Buyer’s title insurance will cover any issues related to the delay in the documents going to record provided the parties sign an acknowledgement of the delay in recording.
With respect to the conduct of the settlements themselves, we have instituted some common sense guidelines to conform to recommended social distance procedures, which include the following:
We would strongly encourage that only parties who actually are required to sign settlement documents physically come to the closing. We are ready, willing and able to allow access to the closing remotely for agents representing the parties and other interested personnel;
We would encourage buyers and sellers to schedule their signing at different times or we will place the parties in separate conference rooms if they are scheduled at the same time. Sellers can often sign documents prior to or on the closing date while buyers typically must sign on the actual date of closing;
For those parties who are uncomfortable coming to our office to sign, they do have the option of securing a mobile notary to witness their signatures while we remotely present and explain the documents to them;
We will provide password protected electronic copies to parties of all settlement documents;
We have instituted a policy whereby any of our staff who are able to do so will work remotely and already have an excellent infrastructure in place for this to happen seamlessly;
We are having each of our offices professionally cleaned on a nightly basis and are wiping down the conference rooms after each settlement;
We make these efforts to protect both our staff and our valued clients, and hope that you find these measures to be reasonable and in keeping with the present directives and guidelines being recommended. It is our intent and expectation that these measures will allow us to continue to provide you with the high level of service you have come to expect from Counselors while simultaneously protecting the health and well-being of all involved.
Please feel free to contact us directly with any questions or concerns you may have. We are confident that in working together we will be able to maintain as much normalcy as is possible under the circumstances.
Counselors Title, LLC is a dynamic, independently owned and operated
Title and Escrow Company serving Washington, DC, Maryland and Virginia.
Experience, integrity, service and community are the core principles of our company, and through which we have built a reputation as an industry leader in one of the most active and competitive real estate and mortgage markets in the country. Additionally, the Counselors Title School of Real Estate, LLC provides Continuing Professional Education to real estate professionals throughout the Washington DC Metro area.
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