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For Sale By Owner: Key Tips for Contract Negotiation and Closing
Selling your home For Sale By Owner (FSBO) can be a rewarding experience for those “Do It Yourselfers” out there, and of course can help the sellers save thousands or even tens of thousands in real estate commissions. But navigating contract negotiations and the...
FAQs About the Florida Realtors “As Is” Contract: An Attorney’s Perspective
Real estate transactions in Florida normally utilize the use of the Florida Realtors As Is Contract which is a form based contract approved by the Florida Bar Association for use by realtors throughout Florida. Although it is the most commonly used contract in...
Transferring a Property into An LLC or Corp May Cause Your Property Taxes to Skyrocket
A very recent Florida 3rd DCA court opinion (“S and A Property Investment Services, LLC v Pedro Garcia et al”) highlights a new risk associated with transferring clients’ Florida non-homestead properties to LLCs.
Florida Passes Landlord Tenant Law That Nullifies Local Ordinances
is proud to announce that through our advocacy efforts, in combination with those of the Florida Apartment Association and other landlord rights groups, that Florida has just passed a sweeping new landlord/tenant law preempting...
New Florida Law Allows Landlords to Charge Fee in Lieu of Security Deposit
A new amendment to Florida Statutes, which takes effect July 1, 2023, has been signed into law by the State of Florida. Chapter 83.491 provides the right for landlords to offer tenants the option to pay a fee instead of a security deposit. However, there is no...
New Florida Law Prohibits Certain Foreign Persons From Buying/Owning Land in Florida
Governor DeSantis signed SB 264 into law on May 8, 2023, which creates part III of Chapter 692, F.S. to been titled “Conveyances to Foreign Entities”
How Investors Save on Taxes With 1031 Exchanges
In general, a “1031 Exchange” refers to the Internal Revenue code section 1031 that offers a real estate investor or trade or business owner the opportunity to defer ALL their capital gains tax owed from the sale of an investment or trade or business property.
What to Know About Evictions During the Holiday Season
Eviction delays during the holiday season can occur for a variety of reasons, but the most common reasons are because of court closures. Florida law states that if a tenant fails to pay rent, the landlord must serve a Three Day Notice for Nonpayment of Rent. The...
Why is a Durable Power of Attorney the most important document in your Estate Plan?
The term power of attorney (POA) refers to a legal authorization that gives a designated person, or people, the power to act for someone else. As such, a POA gives the agent(s) or attorney(s)-in-fact the authority to act on behalf of the principal. The agent(s) may be...
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