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Construction Surety Bonds

Construction surety bonds are securities issued by an insurer that guarantee financially that a construction company will perform their duties or pay a penalty to the contracting entity.  The construction company, which could be a general contractor or subcontractor, is called the principal.  The contracting entity, often a government or large corporation, is called the [...]

2021-02-15T03:25:29+00:00Construction|

Six Ways An HOA Might Detect A Business Being Run from a Property

A Florida homeowners' association (HOA) consists of homeowners from a particular geographic area who oversee the rules and regulations regarding what goes on in the community in which they live. HOAs arrange for maintenance of the common areas and they govern the community according to provisions and legal clauses in their bylaws and articles of [...]

Product Liability and the Product Life Cycle

Working closely with a product liability law partner helps you to manage the risks associated with consumer demands and claims against your business. This is true whether you are introducing a new product to the market or managing distribution for a product with a well-established market presence. The product life cycle begins during the research [...]

2021-01-28T02:04:22+00:00Product Liability Law|

Remedies for Breach of Contract in Construction Law

In contract law, a breach takes place whenever one of the parties to a contract fails in fulfilling its obligation or obligations as described in the contract. A breach is said to have taken place whether this failure took place partially or wholly.  The breaching party might also have communicated an intent to fail the [...]

Investing As An LLC

Most investors form LLC's when they invest in Florida Properties. Here are the pros and cons of choosing an LLC as an investment vehicle compared to other company formation types: Advantages Provides liability protection to property ownersProvides tax flexibility to property ownersAvoids the administrative burden of other company typesAvoids administrative costs Disadvantages Not all investors [...]

Non-resident Alien Investors (Part II): Six Things to Consider When Selecting a Property in Florida

As stated in Part I of this series in which we discussed finding the right advisors for non-resident alien investors, the State of Florida is a wonderland of real estate investment opportunities.  With hundreds of major cities and suburbs to choose from, commercial and residential properties waiting for the right investor abound.  However, there are [...]

Non-resident Alien Investors (Part I): Four Things to Consider When Selecting Advisors in Florida

The State of Florida is a wonderland of real estate investment opportunities for non-resident alien investors.  With hundreds of major cities and suburbs to choose from, commercial and residential properties waiting for the right investor abound.  However, there are many pitfalls to avoid when investing in property in Florida  - and these pitfalls are particularly [...]

Property Abandonment in Florida: Definitions and Remedies

As the economic impacts brought on by the COVID-19 pandemic continue, there has been a reduction in businesses and residential tenants' who are able to pay their rent. As a result, businesses and residential tenants are resorting to property abandonment, “walking away” from their leases’ financial obligations. This has been especially true in commercial real [...]

2020-12-19T17:04:54+00:00Real Estate Law|

Home Resale Packages in Florida

Any residential real estate transaction can be paper-intensive for both the seller and buyer. This is especially true if the home in question is in a Florida-based homeowners association (HOA). This is because Florida HOA’s require a home resale packages to be delivered from the seller to the buyer.  Resale packages fill in the buyer [...]

2020-12-19T17:25:36+00:00Real Estate Law|
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