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...
Strict loan qualification requirements and steep down payment amounts stand in the way of many investors and homebuyers looking to purchase Florida real estate. However, there are other non-traditional ways to make owning a home or investing in a Florida property a reality. Creative financing can lower the barrier to homeownership or...
The process of buying or selling a home can be difficult to understand, especially when it comes to the different legal ramifications. Therefore, it's crucial to have the appropriate legal representation to guarantee that your rights and interests are protected. From negotiating a contract's provisions to addressing any conflicts, a Florida real...
The Florida Realtors and Florida Bar have created two standard types of contracts that are commonly used for purchasing residential real estate in Florida. They are:
The FR/BAR “Standard” Contract The FR/BAR “As-Is” ContractOne might...
Florida's population continues to grow, as does purchase activity in its local real estate markets. Whether you are looking to invest in Florida real estate or purchase a first home, properly researching the ins and outs of the process is crucial. With a thriving real estate market, it's essential to understand...
Buying or selling a home may be the largest financial transaction you engage in your lifetime. Even if it isn’t, the purchase or sale of real estate is invariably a complex transaction, and it’s critical to take steps to ensure that your legal rights are protected and that you understand the terms...
Purchasing a home or other real property is no simple task. It is common for even experienced homebuyers or property investors to run into difficulties when faced with the many steps, requirements, and legal documents necessary to complete a purchase. Building codes, inspections, titles, and legal jargon can be overwhelming without extensive...
