When someone dies owning real estate in Florida and does not have a carefully drafted estate plan or has a defective title/invalid deed, then a probate administration may be necessary. There are several instances where this may occur, and here are a few examples: Title Held Individually or as Tenants in Common In many instances, […]
A developing trend in the real estate business is the Real Estate Sales Team. Presently, the Florida Real Estate Commission Rules only allow brokers to supervise agents. But real estate agents can ethically, legally, and properly create a team under the supervision of a primary agent. What is the Benefit of a Real Estate Sales […]
Even as the Coronavirus pandemic has precipitated tremendous challenges, some businesses are leveraging their commercial leases to reap benefits. Here are three ways tenants are getting more out of their leases: by renewing, subleasing, and pivoting to new spaces and new uses. Renew. Businesses that are in a relatively strong financial footing and whose leases […]
During this COVID-19 crisis, force majeure clauses in commercial real estate contracts are a hot topic in real estate. A force majeure clause excuses a party from performing a contractual obligation due to an unforeseen event beyond a party’s control. While force majeure events have generally included wars, weather disasters, terrorism, and government action, Florida […]
Defend yourself if a tenant sues you in Florida for the security deposit. Even the most meticulous landlord may be sued by a tenant over the return of a security deposit. Fortunately, you can take some basic steps to minimize the possibility that you’ll spend hours in court haggling over back rent, cleaning costs, and […]
A breakdown of Florida landlord-tenant laws on security deposits. Most residential leases and rental agreements in Florida require a security deposit. This is a dollar amount, usually one month’s rent, that’s intended to cover damage to the premises beyond normal wear and tear, and to cushion the financial blow if a tenant skips out early […]
Find out what justifies rent withholding in Florida if your rental unit has serious defects. Florida tenants are legally entitled to rental property that meets basic structural, health, and safety standards and is in good repair. If a landlord fails to take care of important maintenance, such as a leaky roof or a broken heater, […]
Learn when and how tenants may legally break a lease in Florida and how to limit liability for rent through the end of the lease term. Many tenants who sign a lease for their apartment or rental unit plan to stay for the full amount of time required in the lease, such as one year. […]
Selling a home in Florida can be different than selling one in any other state, both in terms of laws and traditional procedures. Here are some important facts to know. From contract forms to closings, here is what sellers of a Florida home should expect and plan for. Role of Real Estate Agents in Florida […]
Guidance on what residential real estate sellers must tell prospective home buyers when selling a house in Florida. Florida, like many other states, requires sellers of homes and other residential properties to make certain disclosures to buyers about the property’s condition and history. This is a shift from the traditional legal principle of “let the […]
