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When Will This Skyrocketing Market End?
Florida attorney Jim Brown discusses the white-hot real estate market and gives his insight on what has caused it and when it will come to an end.
Cybersecurity Checklist: Best Practices for Real Estate Professionals
Cybercrime can be devastating to real estate professionals and their clients. The following checklist offers some best practices to help you curb the risk of cybercrime. Because data protection and cybersecurity laws differ across the country, NAR recommends that you work with an attorney licensed in your state to help you develop cybersecurity-related programs, policies, […]
Home Damaged Before Closing – Who Is Liable?
Closing a real estate deal between the buyer and seller is a delicate process that requires paperwork, walk-throughs, and other professionals to progress the sale along. If the property suffers physical damage before the closing completes, it is important to know what is responsible to repair it or to ensure the home receives all due […]
Homestead Portability & “Apportionment”
Florida attorney Jim Brown explains homestead portability rules and “apportionment” – the little known secret.
Changes in the Law – Open Permits
The Statute (FL Stat 553.79) controlling the closure of open permits was revised October 19, 2019.
A Buyers’ and Sellers’ Guide to Multiple Offer Negotiations
Information for Buyers In some situations sellers will have several competing purchase offers to consider. Sellers have several ways to deal with multiple offers. Sellers can accept the “best” offer; they can inform all potential purchasers that other offers are “on the table”; they can “counter” one offer while putting the other offers to the […]
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 […]
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 […]