A recent case in the Fifth District Court of Appeals resulted in harsh consequences for an owner of Florida real estate. In the case of Rivas v. Tsang, 45 Fla. L. Weekly D994 (5th DCA 2020), the Fifth District Court determined that an owner of a property
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Purchasing a property in Florida involves many steps such as selecting a realtor, finding the right property, negotiating the purchase and sale agreement, completing a mortgage loan application, and selecting a title company to handle the closing of the purchase. For many people this will be the
Read more →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 →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 →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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