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 [...]
For most people, real estate accounts for larger sums of money paid out on a monthly basis than all other expenses and liabilities. Adding in the four and five-digit lump sums paid as mortgage down payments and rental deposits and it is easy to see why criminals and unscrupulous businesses often target real estate transactions. [...]
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 [...]
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 [...]
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 [...]
There are many types of commercial lease agreement in the State of Florida. This is the result of there being no standard agreement that is typically in use by all commercial landlords and tenants. The terms and conditions are governed by Florida Statute Chapter 83, Part I. By contrast to residential real estate leases the [...]
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 [...]
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 [...]
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 [...]
