A Florida Enhanced Life Estate Deed (also known as a “Lady Bird Deed” because President Lyndon Johnson used one to pass property to his wife, Lady Bird Johnson) is an estate planning instrument that allows a property owner to maintain control of his or her real property while also avoiding probate...
The Unity of Title Process is a foundational requirement for many real estate developments, from single families to duplexes and condominiums. It is also used for commercial projects. Obtaining a Unity of Title often requires an Opinion of Title, which is a separate process that entails various forms and procedures. Understanding this two-step...
When someone who owns real property in Florida but lives somewhere else passes away, the process of transferring ownership of that property is known as ancillary administration. Ancillary administration is also necessary when a Florida resident dies leaving property in another state.
Florida law requires that a personal...
If you own or plan to acquire multiple plots of land in Broward or Miami-Dade County (or other counties in the State of Florida) and develop a new construction project on the site, you may need to comply with the Unity of Title process, as well obtain an Opinion of Title....
One of the biggest and most important choices you will make as a business owner is deciding on the right commercial real estate for your business. Whether you need a place to launch your new enterprise, or need room for your existing business to grow, you will need reliable Commercial Title...
It is no longer uncommon for buyers and sellers forgo the services of real estate sales professionals to save money. However, there remains no substitute for professional Closing and Title Services offered by qualified real estate lawyers. Here are just a few reasons why it is worth investing in the expertise...
In 2016, the Florida Supreme Court issued a ruling that had a significant impact on the sale of homestead properties. JBK Assocs., Inc. v. Sill Bros., Inc. concerned whether the proceeds from the sale of a homestead could be used to satisfy a...
Florida real estate has long been an alluring asset to investors from around the world, especially during these uncertain economic times. Even the U.S. Internal Revenue Service (IRS) has observed a “phenomenal rise” in foreign investment in American real property in recent years, buoyed by low interest rates and a weak dollar....
Personal representatives have an incredible amount of responsibility when settling an estate in Florida. One of the most common tasks they have to perform involves handling real estate, whether that means selling it or making sure that title passes on to the heirs. Representatives may need permission from the court to sell...
Commercial real estate transactions present unique challenges that many residential real estate professionals are not equipped to handle. Working with a commercial real estate attorney ensures that your commercial closings are handled properly, and your interests are protected.
The general concepts of residential and commercial real estate are...
