As a commercial landlord with a bad tenant, you probably feel like it’s within your rights to simply throw the tenant out. And perhaps that should be within your rights, but the law tries to protect both tenants and landlords from abuse of lese and rental agreements....
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Landlord And Tenant Law
How Florida landlords must handle security deposits
Being a landlord is both financially rewarding and risky. On the one hand, you have a steady source of income. On the other, you may land bad tenants who cause lots of trouble or costly damage. One way to protect yourself against potential expenses is by requiring a...
A property management agreement sets terms, responsibilities
Let us say you purchased a condominium building and are about to become a landlord for the first time. The property management agreement you use sets terms and responsibilities for your legal protection, and your tenants clearly understand what they sign. Here are...
What you should know when investing in Florida real estate
Florida has the fourth-highest gross domestic product (GDP) of any state in the country, with thriving tourism, aerospace, health care and international banking industries. Therefore, people who have money to invest in real estate can make a considerable profit if...
What are your primary responsibilities as a commercial landlord?
As a commercial landlord in Florida, your duties and responsibilities typically involve far more than just finding tenants and collecting rent each month. While leasing commercial properties to renters can prove to be highly profitable, doing so can also expose you to...
When can landlords legally enter units unannounced?
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...
3 most common types of commercial leases
When you look to set up shop in South Florida, you have to understand not only how the market works but also what your lease options look like. You may have a strict budget and need to really clamp down on expenses to keep your doors open. Finding a commercial lease...
The right of first refusal in real estate
You enjoy working and living in South Florida, and you understand it is a hot real estate market. People move south to save money on taxes and enjoy a more temperate climate year-round. Before you enter into any kind of contract, you should understand every clause you...
What every commercial lease should address
As a Florida commercial landlord, one of your best bets at protecting yourself against litigation is to create carefully worded commercial leases that reflect your needs and represent your best interests. In the event that a tenant decides to file a suit against you...
Read this before taking your first commercial tenant
You may be used to dealing with rental-related paperwork if you own residential investment real estate in Florida. Believe it or not, the level of detail in these documents is comparatively low. Federal, state and municipal regulations – not your lease agreement –...