Quick Read Summary (TLDR) Real estate agents can benefit from knowing when to recommend a Florida closing attorney to clients. Even though a closing attorney is not legally required in the State, hiring one can protect client interests and demonstrate a real estate agent’s expertise. Attorneys offer comprehensive legal protection beyond title company services, drafting…
Quick-Read Summary (TLDR) Title insurance in Florida is crucial for real estate transactions, safeguarding against ownership disputes and liens. There are two main types: lender’s insurance, which is mandatory for financing, and owner’s insurance, which is optional but highly recommended for buyer protection. Florida regulates title insurance premiums, which are paid as a one-time fee…
The process of closing a real estate deal, whether commercial or residential, consists of many moving parts. Once a buyer finds a property they would like to purchase, there are a number of steps that have to be taken such as appraising the property, conducting a title search and a physical inspection. Florida closing attorneys…
Real estate closing costs are fees paid by borrowers to their lender, by buyers and sellers to a governmental subdivision, by either party to vendors and to title insurers. When calculating the costs related to a real estate transaction, it is important to be aware of these costs because they can be significant. With the…
If you are the buyer of an existing home, the right title insurance policy can protect you from financial risks associated with the title deed. At South Florida law, we have extensive experience as both real estate closing attorneys and as a title insurance agency. Here are some of the most frequent questions we get…
Being a commercial real estate investor can be extremely lucrative since commercial property leases tend to yield more for the property owner than residential leases of similarly-sized properties. In addition, commercial real estate leases also have longer durations with tenants staying in the property for much longer than the typical residential lease. Like residential real…
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…
Commercial title search is a key component in any commercial real estate transaction. Without title searches, the buyers and sellers of properties would likely find the risks of selling and buying too high to proceed. By developing a strong understanding of commercial title search and the role it plays in commercial real estate, businesses can…
Do you make – or plan to make money using a house flipping business model? If so, here are a few of the legal aspects of the house flipping business model to look out for in Florida. FHA Restrictions Many homes that fall into the category of “flippable” may be located in areas dominated by…
Easement law grants others access to owned property and can come in official and unofficial forms. Easements can start with an agreement or simply evolve over time. Here, we explore what an easement is and what legal matters may arise around the concept of non-owner property use and access. What is an Easement? An easement…
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