Notice of Option for Recording - District of Columbia 2025

Get Form
Notice of Option for Recording - District of Columbia Preview on Page 1

Here's how it works

01. Edit your form online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Notice of Option for Recording - District of Columbia with our platform

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2
  1. Click ‘Get Form’ to open the Notice of Option for Recording in the editor.
  2. Begin by filling in the 'Prepared by, recording requested by and return to' section. Enter your name, company, address, city, state, phone, fax, and zip code.
  3. In the 'MEMORANDUM AND NOTICE OF OPTION TO PURCHASE' section, specify the names of the Seller(s) and Buyer(s) along with the date.
  4. Detail the property information by entering the county and a description of the real property in the designated fields.
  5. Indicate the duration of the option period by filling in the number of years and specifying start and end dates.
  6. Complete any additional terms from your option agreement as required.
  7. Ensure all parties sign where indicated. You can easily add signatures using our platform's signing feature.
  8. Finally, review all entries for accuracy before saving or exporting your completed document.

Start using our platform today to streamline your document editing and signing process for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
Recordation provides constructive notice to any subsequent purchasers that a prior conveyance occurred and therefore protects the prior purchaser in the event of a subsequent conveyance.
$31.50 for the recordation of Deeds and all other documents. Please note effective July 1st, 2024, this fee will be $30.00.
The Office of Tax and Revenues (OTR) real property tax database provides online access to real property information, including but not limited to: property value, owners name and address, the propertys square feet, and use code. Users can also do a search by address to obtain the square, suffix, and lot.
The county recorders office or land registry will charge a fee to process the deed. These fees range from $10 - $100 per deed, depending on the location. Title Searches. Title searches can range from $75 - $250.
Deed Recordation DC Code Citation: Title 42, Chapter 11. 1.45% of consideration or fair market value on the entire amount, if transfer is $400,000 or greater. Note: Fair market value is used when the consideration is nominal, i.e. less than 30% of FMV.
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

Who Is Responsible for Recording the Deed? Typically, the buyer must pay the recording fee when its time to close on a house.
The seller typically pays the transfer tax and recordation tax is the responsibility of the buyer, however this can be negotiated.
A properly recorded deed can take anywhere from 14 days to 90 days. That may seem like a long time, but your local government office goes over every little detail on the deed to make sure the property is correct and there are no errors.

Related links