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…
Buying or selling a property is a big endeavor. For many individuals, families and businesses real estate transactions are the largest expenditures on the balance sheet. Making sure you have the right legal partner in the process to protect your investment is a must. If you are considering the purchase or sale of a property…
Are you looking to sell or refinance a property in Florida? If so you will eventually require an official valuation of the price. In obtaining a valuation you have three options. You can get a broker price opinion, a comparative market analysis, or an appraisal. These terms refer to three distinct types of property valuation…
In Part I of this Foreclosure Defense series we discussed “the final action” clause of the current moratorium signed by Governor Ron DeSantis’ providing for the courts to initiate foreclosure proceedings against homeowners in Florida. Given that tens of thousands of Floridians have lost their jobs in the current economic climate, and that the current…
Although “the final action” of foreclosures and evictions in Florida has been delayed by Governor DeSantis’ one-month long extension, a foreclosure “tidal wave” is possible once the moratorium is lifted on September 1st. Owner’s should avoid becoming victims by mounting an effective foreclosure defense. In fact, the language of the new moratorium can be interpreted as…
Property Tax Appeals: If you own residential real estate in Florida, you are likely required to pay residential property tax. Smart residential property owners can carefully review their property valuation to ensure the amount they are paying is accurate. Overvalued property assessments are not unusual, and therefore it is essential that residential property owners take…
Florida foreclosure and eviction moratoriums set in place due to COVID-19 are scheduled to end on August 1st. With as much as 14.5% of the state population unemployed or furloughed, Florida can likely expect a wave of foreclosures soon after the foreclosure ban is lifted. This will be a stressful and uncertain time for many…
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