As exciting as it may be to finally acquire a property ideal for your business or investment needs, do not be in a rush to close the deal without conducting proper due diligence. Before completing a Florida commercial real estate transaction, its important for the buyer to perform a thorough due diligence...
Estate planning is crucial for protecting your assets and ensuring a smooth transfer of property to your heirs. For many Florida homeowners, especially those looking to avoid probate, an Enhanced Life Estate Deed—commonly referred to as a Lady Bird Deed—can be an invaluable estate planning tool.
This unique...
When a loved one passes away in Florida, their estate may need to go through probate. Summary administration is a more efficient and cost-effective option for smaller estates. It is a streamlined probate process that can save families time and money. If you're facing probate, especially in the context of Florida's...
Many people flock to Florida every year for the beautiful beaches and coastal views. However, owning waterfront property comes with special rules and regulations that you should carefully consider before buying coastal property in Florida. Further complicating the matter is that Florida has oceanfront homes, lakefront properties, and canal-front estates, each with...
Whenever someone transfers their ownership interest in real property to someone else, whether as a gift or via a purchase and sale transaction, they use some type of deed to effectuate the transfer. The person receiving the ownership interest is the property’s “grantee”. The person who transfers their ownership interest (i.e., title)...
House flipping is a strategy in which an investor purchases real estate and improves it to sell it at a higher price, usually within a few months. Popular television shows often glamorize this profession and inflate the potential profits, leaving many people chasing unrealistic dreams. However, when done right, house flipping or...
Quitclaim deeds are legal documents that property owners use to transfer property to someone else. However, unlike with a typical warranty deed in which the seller guarantees they legally own the property and the property is free and clear of all liens, there are no guarantees with quitclaim deeds. The grantor...
Real estate is one of the most valuable investments you can make, which is why it is required that contracts concerning real estate be put in writing. However, the terms used in these contracts can be confusing. Additionally, certain terms are required to be included in Florida real estate contracts.
Florida’s real estate market continues to be one of the hottest in the country. In fact, the Sunshine State had three cities on this list of top ten real estate markets last year.
This influx of jobs, people and growth in Florida has many people asking whether they...
Individuals seeking to transfer their Florida property to their limited liability company (LLC) or corporation have a few options. The one that works best for you will depend on your current situation and goals. Owning real estate in a properly formed and maintained LLC or corporation is preferable for many people because...
