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...
Trusted Real Estate, Business and Asset Protection Attorneys
Law Office of Sam J. Saad III
Title Tip: Direct Payment of Realtor Commissions
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...
Title Tip: What is procuring cause?
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...
Title Tip: Changes to Condo Rider A
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...
Unpermitted Improvements
“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....
Does it matter what time of year you start your new business?
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...
Commission revokes St. Pete Beach agent’s real estate license
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...
Location is key when starting a medical practice
You've decided to open your own medical practice. Like many new endeavors, your chances of success are greater if you do the necessary research, get the professional assistance you need and understand that the process will take some time. Besides finding the best...
Seniors need to beware of reverse mortgage scams
It seems like ads for reverse mortgages are everywhere, but many people don't understand exactly what they are. A reverse mortgage lets homeowners 62 and older access the equity in their home, either in a lump sum or installments. That money can provide needed income...
Zillow Offers comes to South Florida
Most people know Zillow as an online real estate database for people seeking to buy or rent a home. Fewer are familiar with Zillow Offers. However, the iBuying program, which has been available in 15 markets throughout the country, is now doing business in the three...