Nothing serves as an obstacle to a property closing quite like a hitch in the title process. If a title search shows that there are some encumbrances, one option is a quiet title action. A quiet title action is a legal proceeding that is used to help establish...
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Year: 2022
3 steps for evicting a problem tenant in Florida
Few landlords want to evict anyone. You make money by renting rooms, not by kicking people out of them. Fortunately, most tenants are reasonable and your relationships with them are manageable. You can find solutions to your problems short of eviction. However, there...
What questions will clients have about real estate closing costs?
As a real estate agent, you may already realize that some buyers overextend themselves when house hunting. They make an offer that is at or over their maximum financing amount and then find themselves struggling to cover closing costs and to get the property into...
Did someone breach their real estate contract?
Breach of contract is one of the most common legal disputes involving real estate. Reasons for this are that real estate contracts are typically long, complicated, and outline various rules and conditions. Issues often arise because actions cause a financial loss or...
Is an appraisal or an inspection more important for homebuyers?
Trying to buy a house is a process rife with expenses and complications. There are meetings to schedule and standards that the property has to meet. The idea that you need to bring in multiple outside professionals to look over a property that you have already walked...
2 valid reasons why a tenant can break a lease agreement
Most Florida lease agreements tend to have specified time periods. Breaking the lease contract before the expiry of this fixed term may result in certain repercussions for the violating party. In the case of the tenant, you may have to pay rent for the remaining...
What to know about negotiating a commercial lease
Whether you are a small business owner ready to move out of your garage and into a commercial space or a multi-store retailer looking to expand further, finding the right location is key. However, that's not the only factor you must consider. When it comes to...
Is there anything you can do about a noisy neighbor?
Your home has been a safe space for a long time. After a hard day’s work, you look forward to getting back and relaxing with your family. Unfortunately, noise and anti-social activities from your neighbor are disturbing your peace. Perhaps music is blaring through...
What is a procuring clause?
A procuring clause creates you right to obtain a commission after the sale of a property. A real estate agent needs to use this kind of clause to be sure that they will receive the commission at a certain point in time, such as during the closing of the home’s sale....
The due diligence period in a real estate transaction is crucial
Whether buying or selling, a real estate transaction can be a frustrating, intimidating experience. At the same time, all the parties are excited with the prospect of completing the process and moving into their new futures. This excitement can be overwhelming and...