The Miami real estate market is one of the most active real estate markets in the Country due to exceptional weather, outstanding employment and business opportunities, and no Florida state income tax. Miami also has a constant stream of first time home buyers from the local area
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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
Read more →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 →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
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
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