In Florida, Limited Liability Companies (LLC) entering into leases or other types of real estate conveyances must have their managing member’s signatures accompanied by two witness signatures in order to comply with the two-witness requirement of Florida Statute Section 689.01. Failure to do so will render
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Beltway Capital, LLC v. The Greens COA, Inc., 39 Fla. L. Weekly D2540 (Fla. 5th DCA 2014) Beltway filed a mortgage foreclosure suit on a condo unit, naming the unit owner and the condo association. Beltway purchased the unit at the foreclosure sale. The condo association
Read more →There is a lot of confusion regarding attorneys and the perception of their role when a buyer is purchasing or a seller is selling a house or other property in Miami or anywhere else in Florida. Below is a summary of several common misunderstandings related to the
Read more →When purchasing a home in Miami or anywhere else in South Florida there are numerous fees, costs and expenses which get allocated between the buyer and the seller on the closing statement (or HUD-1 Settlement Statement). These items are called closing costs and are typically allocated according
Read more →Due to the commercial real estate market in Florida, we have seen an increase in loan workouts/modifications and foreclosures involving commercial real estate in recent years. One clause that all Florida lenders and/or Florida commercial real estate land owners should be aware of is the dragnet clause
Read more →The Immigrant Investor Program also known as the EB-5 visa is a federal program which allows foreign nationals to secure a permanent U.S. residency in exchange for investing in job creating ventures, including commercial real estate development.The EB-5 visa was created by Congress in 1990 in an
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