Most everyone knows the theme song to the class television series The Andy Griffith Show -- even though it was simply whistled. The show, which ran from 1960 to 1968 reflected a simple world that seemed far removed from the turbulent times the country was living through. It's still seen in reruns and across multiple media platforms nearly sixty years after its debut.
In addition to its year-round sun and beautiful beaches, South Florida lures new homebuyers with its tax-friendly laws. Many buy their homes outright, with no financing. In fact, over a third of all real estate closings in Miami-Dade from last November through this March was in cash. In Broward County, the percentage was even higher -- between 38% and 41%. Close to half of closings in Palm Beach were in cash. Those numbers are considerably higher than the national average, which is 20%,
If you have a contract with someone who has "right of first refusal," it's essential to understand what your obligations are to them. It means that they have the right to enter a particular transaction before anyone else is offered that right.
Landlords in Florida need to remain on the right side of the law. Lawmakers in the state recently moved forward with legislation to require landlords to give tenants at least three months of notice before raising the rent. Additional provisions are on the table to prevent discrimination on certain grounds.
Buying a home is a significant event in anyone's life. Your home is likely the most expensive thing you'll own at any given time. However, most Floridians know little about real estate transactions. They rely on their real estate agents for guidance. However, these transactions are governed by state laws. Florida has some unique real estate laws. Therefore, even if you've purchased property in other states, buying a home in Florida can present some potential challenges.