Florida business and corporate law covers a wide variety of commercial matters. At South Florida Law, PLLC this practice area includes the sub-categories of Business Formation, Contract Disputes and Commercial Transactions.
Forming a 501(c)(3) is the most common method of registering a nonprofit corporation in the United States. 501(c)(3) nonprofits are eligible for federal and state tax exemptions and have been created for one or more of the following purposes: Religious advocacy or worship Charitable work Scientific research, discussion or recognition In support of the arts…
Almost every part of the American economy is opening up now and many of the businesses here in Florida have been operating at near pre-pandemic levels of activity. As we open up as a society it is worth pausing to reflect on the new activities, habits and protocols that we committed to during the pandemic. …
Franchising occurs when one company (the franchisee) gains the rights to use the brands and business model of another company (the franchisor) for a fixed period of time for an agreed fee. The name of the business that is formed by the franchisee is called a franchise. For the franchisor, the franchise is a way…
Previously we have written about using an LLC to invest in Real Estate. However, there are many situations outside of real estate investing in which it makes sense to use the LLC business formation to make investments in company shares, bonds, ETFs and even non-traditional assets such as cryptocurrency. Investing with an LLC can range…
Property management companies need to be aware of the potential areas of risk and exposure in the typical elevator maintenance contract. In general, these contracts renew automatically at the end of each term and there may be little opportunity to renegotiate the contract once it is signed. However, these are often not contracts of adhesion,…
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…
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 owners Provides tax flexibility to property owners Avoids the administrative burden of other company types Avoids administrative costs Disadvantages…
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…
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…
In today’s interconnected global economy, businesses and individuals frequently engage in cross-border transactions and relationships. With this increased international interaction comes the potential for disputes that span multiple jurisdictions. International arbitration has emerged as a vital tool for resolving these complex disagreements efficiently and effectively. What is International Arbitration? International arbitration is a sophisticated, non-court-centered…
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