AirBnB Law

DC Council approves final version of AirBnB Law

A unanimous Council vote finalizes restrictive short-term rental law In October the Council took a preliminary vote to adopt among the most restrictive short-term housing regulations (AirBnB Law) in the Country. This week the Council passed the final version of the law, with only small changes. The new law will be a potentially huge impediment Read more about DC Council approves final version of AirBnB Law[…]

super priority condo lien

Condo super priority lien decision obliterates mortgages

A week ago the D.C. Court of Appeals handed down a decision that answered lingering questions about condo super priority lien foreclosures. It is a potentially a huge blow to mortgage lenders and a windfall to the investors who bought up these foreclosures by the dozen. Chase Plaza in 2014 was a breakthrough for condos and Read more about Condo super priority lien decision obliterates mortgages[…]

Emergency law on eviction procedures

Emergency law to implement changes to DC eviction procedures

A couple of months ago, I posted that the U.S. Marshals Service announced changes to DC eviction procedures.[here] Broadly speaking the Marshals decided that they would no longer supervise the removal of tenant belongings from a unit, but merely allow the landlord to execute a lock change at eviction. Oddly, until now, there have been Read more about Emergency law to implement changes to DC eviction procedures[…]

real estate sale commission problem

D.C. property managers can NOT be paid a sales commission

Is the real estate sales commission provision in your standard property management contract illegal? D.C. property managers cannot charge a real estate sales commission. Here is a scenario I’ve seen a half-dozen or so times. A homeowner hires a professional property manager to rent out the owner’s house after a move out-of-state. The management contract Read more about D.C. property managers can NOT be paid a sales commission[…]

DC eviction procedure changes by US Marshals

New DC eviction procedures starting this summer

The U.S. Marshals Service recently unveiled a new DC eviction procedure which will take effect his summer. For years landlords and tenants alike have complained that the DC eviction procedures are unfair.  Landlords complain that the process is inefficient and slow, as a result, it takes too long to regain possession of the rental unit after an Read more about New DC eviction procedures starting this summer[…]

DC Rent Control exemption

“Takin’ it up the tailpipe:” A DC Rent Control exemption cautionary tail

A painful experience of a botched DC Rent Control exemption is an important lesson for property owners “So I’m fucked?” “yes.” “So I’m fucked.” “Uh-huh.” “So I’m FUCKED!” “In so many words, yes, you’re fucked” “I’m FUCKED, I’M FUCKED, IM FUCKIN’ FUCKED. WHATTHEFUCKMOTHERFUCKING FUCKING FUCK? What the fuck do I do now?” “You pay the Read more about “Takin’ it up the tailpipe:” A DC Rent Control exemption cautionary tail[…]