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...
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.
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...
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...
YES! The Legislature passed a law, F.S. 718.111(12)(g), during the 2018 legislative session requiring websites for Condominium Associations with 150 Units or more. These websites must meet certain requirements that all property managers, staff, board members, and...
The Consumer Financial Protections Bureau (CFPB) has issued a new regulation, imposing a requirement on ‘debt collectors’ that attempt to collect rent under penalty of eviction. This new rule applies to landlords, property managers acting as agents for landlords, and...
Managing your Real Estate can be a complex and time consuming proposition. Often times, property owners are caught up in the day-to-day of managing these responsibilities and they fail to be proactive about planning for negative life events and their own passing. The...
