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Once again, the Florida courts have interpreted the FRBAR contract and made it clear that having a well-trained Realtor® and expert attorney makes all the difference in closing your transaction. In a new case, O’Donnell v. Lee, (5th DCA, June 5, 2024), the District...
We are excited to share the incredible news that the Law Office of Sam J. Saad III and Paradise Coast Title have been honored with two prestigious awards from our esteemed underwriter, The Fund (Attorney's Title Fund Services, LLC). These awards recognize our...
Recently a very interesting case was decided in Collier County regarding the NABOR As-Is contract. A buyer submitted a $2 million offer for four properties in Naples Park. However, the buyer improperly filled out the legal description and address of the properties on...
Staying on top of the deadlines in a sale and purchase contract is essential. Buyers and Sellers need to be aware of upcoming deadlines and be prepared to act on time, whether it’s accepting an offer, making a deposit, or closing. A missed deadline can have extreme...
As you well know, if your broker allows it, closing agents can pay you your share of the commission directly at closing and remit the remainder and fees to your broker. However, this was not always the case. Prior to 1999, all commissions had to be paid directly to...
What is procuring cause? How do you make sure that you are the procuring cause of the sale, so you earn your Commission? These questions are vitally important to Realtors® in a competitive market. The cases say that a broker is considered to be the procuring cause of...
The Florida legislature recently updated condominium and co-op laws and amended the building code regarding condominium structural inspections. As a result, the FR/BAR contract RIDER A for Condominiums now references TWO NEW DOCUMENTS which Buyers of resale condos...
“What should I do if I have a listing that has unpermitted improvements?” It’s a question I get asked all the time. Realtors know to look out for unpermitted improvements, but it can be confusing about what to do in that situation to protect yourself and the Seller....
When you're starting a business, you may not have total control over when you launch it. You may have to wait until your property is ready, your inventory has arrived and your staff is fully trained. If you have a choice of what time of year to open your doors, are...
Not just anyone can get a real estate license -- and sometimes, agents engage in activities that cost them their license. This month, the Florida Real Estate Commission voted to revoke a St. Pete Beach agent's license because he didn't disclose felony convictions in...