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July 2014 Archives

WHAT ARE THE STATUE OF LIMITATIONS ON FORECLOSURE?

Under Florida Law, the five-year statute of limitations on foreclosure begins to run when the last payment is due unless the mortgage or promissory note contains an optional acceleration clause. When the promissory note or a mortgage contains an optional acceleration clause, the five-year statute of limitations begins to run on the date the acceleration clause is invoked.

SMALL BUSINESS' NEED AN OPERATING AGREEMENT WITH A SUCCESSION PLAN

Question: Under Florida law, if a member of my limited liability company dies, what are my rights if we did not have an operating agreement?

REAL ESTATE Q&A - SINGLE AGENT VS. TRANSACTION BROKER

Client Question: Can a real estate sales associate transact business with a real estate sales associate working under the same broker if there is an established single agent relationship with the real estate sales associate's brokerage?

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