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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|

The Role of the Closing Attorney: Q&A with Nima Ajabshir

Having a closing attorney to help you in the residential or commercial real estate buying or selling process can be a great help. Nima Ajabshir, Managing Partner of South Florida law explains in this short interview: Q: What does a closing attorney do? Nima Ajabshir, Esq.: A competent real estate closing attorney is a transaction [...]

2020-12-20T23:16:18+00:00Real Estate Law|

Real Estate Lawyer vs Title Company

A title company can sometimes cost more than a real estate lawyer - but you get a lot less for your money.  Even if you find a similarly priced title company, there are significant advantages to choosing a law firm instead. For example a title company represents and insurance company rather than you. Also, a [...]

2020-12-21T00:28:19+00:00Real Estate Law|

About Leasehold Law (Florida)

What is a leasehold agreement? A leasehold is a long-term rental agreement with a minimum term of 40 years but that can last several decades longer, sometimes up to 120 years.  Leasehold law differs from short term rental agreements in that leaseholders (the equivalent of a tenant in a short lease agreement) have a very [...]

Workouts for Commercial Landlords and Tenants

As the COVID-19 pandemic continues to impact the Florida economy, commercial landlords and tenants are more frequently looking at ways to accommodate each other.  Although these tenants are not getting the full benefit of their office space right now, most are still required to pay the rent.  As the pandemic drags on, these businesses are [...]

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