PBC Wiping All Code Liens
Have a building or home in Palm Beach County with a code violation fine that resulted in a lien? It can be reduced to zero and released if you act fast. Yes, even if it’s for hundreds of thousands of dollars.
What You Need to Know About Real Property Title-Related Claims
Quiet title is a claim under Florida law to remove a cloud on title to real property. It is established in and regulated by Chapter 65 of the Florida Statutes. It is often used where a party records an improper lien or claim against the ownership of real property. Slander of title is used to […]
Use of ‘Escalation Clause’ Skyrockets in Hot Seller’s Market
As escalation clauses become more popular during this hot seller’s market, buyers should consider the pros and cons of using them – as well as the broader legal context of their offer. During this white-hot seller’s market, many REALTORS® have asked questions involving multiple offer scenarios. Buyers are desperately seeking ways to try and make […]
How to Avoid and Stop Foreclosure
If you fall behind in your mortgage payments, the possibility that you may lose your home can make you feel devastated and helpless. The worst approach in that situation is ignoring notices from your lender and doing nothing. Most people don’t realize that if you are the victim of a foreclosure, you have options. In […]
The Basics of Rent-to-Own Agreements
Rent-to-own agreements, also called lease-to-own agreements or lease-options, are traditional lease agreements that also give the tenant an option to purchase the rental property, typically a single-family house, sometime after the beginning of the tenancy. This arrangement has potential financial and other benefits to both landlords and tenants. Components of the Rent-To-Own Agreement A rent-to-own […]
Five Myths About Wills and Probate
Most of us don’t know a lot about the law of wills, trusts, or probate – after all, they’re topics none of us really want to deal with. But we should all know the basics, and we should know enough to recognize common myths when we run across them. Here are a few misconceptions that […]
Real Estate Love Letters: A Heartfelt Enticement or a Forbidden Affair?
Housing inventory is low across the country, especially here in Florida, leading to increasingly competitive markets for potential buyers looking to purchase a home. In an effort to stand out to sellers, some buyers have started including letters with their offers but these “real estate love letters” could have unintended consequences. What Are Real Estate […]
Quiet Title Actions – Legal Versus Equitable
Some situations require a quiet action in real estate deals, title conflicts and a completion of ownership transfers and claims. When someone must file to authenticate their title being valid despite claims explaining that it is not, the individual usually must undergo a quiet title action. This may be regarding the actual property title, an […]
Florida Real Estate Title Issues That May Require Probate Administration
When someone dies owning real estate in Florida and does not have a carefully drafted estate plan or has a defective title/invalid deed, then a probate administration may be necessary. There are several instances where this may occur, and here are a few examples: Title Held Individually or as Tenants in Common In many instances, […]
How To Create a Real Estate Sales Team in Florida
A developing trend in the real estate business is the Real Estate Sales Team. Presently, the Florida Real Estate Commission Rules only allow brokers to supervise agents. But real estate agents can ethically, legally, and properly create a team under the supervision of a primary agent. What is the Benefit of a Real Estate Sales […]