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The Florida case CNJ Realty Assocs., LLC v. Yankiv illustrates the complexities surrounding contract enforcement in real estate transactions. At its core, the case revolved around the question of when a real estate contract becomes effective. This question ultimately...
In April of this year, there was a lot of media attention around the settlement between the National Association of Realtors (NAR) and plaintiffs in a class action lawsuit over the commissions that real estate professionals can expect their clients to pay. While the...
The real estate market is filled with nuanced details that can significantly impact buyers and sellers. One such detail that buyers should pay attention to is the post-closing occupancy agreement. This contractual arrangement allows sellers to rent back their property...
Evicting a commercial tenant is a complex legal process that requires careful adherence to Florida state laws. For landlords, navigating these laws is essential to protect their property rights while avoiding costly legal missteps. The lease agreement that a tenant...
With the enactment of the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) Reporting requirement, U.S. companies now face new federal reporting obligations. This legislation, which went into effect on January 1, 2024, mandates that...
The Fair Housing Act is a landmark federal law drafted to prevent housing discrimination. Historically, some communities have excluded people from certain racial backgrounds. The Fair Housing Act effectively outlawed the consideration of characteristics such as race,...
People who own real property may decide to rent it out to others to monetize their resources. In theory, a residential rental agreement is beneficial for both the landlord and the tenant. The tenant obtains stable housing with minimal maintenance obligations. The...
A real estate closing is a meeting that is a long time in the making. Sellers may accept offers weeks or more than a month before a closing is possible. Inspections, title research and other elements of the real estate transaction can take quite some time to complete....
One of the most important documents in a commercial real estate purchase isn’t a contract or other agreement. It’s not even a legal document – nor is it binding. It’s a letter of intent (LOI). Writing an LOI is one of the first steps in purchasing a commercial...
Autumn on Florida's west coast brings unique dynamics to the real estate market. As year-end approaches, both buyers and sellers are eager to close deals quickly, leading to a flurry of activity. Still, real estate transactions are major transactions involving...