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New Florida Law Allows Landlords to Charge Fee in Lieu of Security Deposit

by kelleyandgrantlaw | Jun 27, 2023 | Landlord Tenants, Real Estate Law

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

by kelleyandgrantlaw | May 25, 2023 | Real Estate Law

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” The Act goes into effect on July 1, 2023, and prohibits foreign principals associated with foreign countries of...

How Investors Save on Taxes With 1031 Exchanges

by kelleyandgrantlaw | Feb 15, 2023 | 1031 Exchange

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

by kelleyandgrantlaw | Nov 17, 2022 | Evictions, Landlord Tenants

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?

by kelleyandgrantlaw | Oct 26, 2022 | Estate Planning

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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