Autumn on Florida's west coast brings unique dynamics to the real estate market. As year-end approaches, both buyers and sellers are eager to close deals quickly, leading to a flurry of activity. Still, real estate transactions are major transactions involving...
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Residential Real Estate
The pros and cons of mortgage splitting by multiple families
The residential real estate market in Florida has become very competitive and expensive. Many families that would like to own their own homes may find it cost-prohibitive to acquire a single-family home. Even with two working adults in the household, mortgage payments...
How does Florida regulate short-term rentals?
In Florida, the vacation rental market, including popular platforms like Airbnb, is subject to a complex set of state and local regulations. These laws are designed to ensure the safety and satisfaction of guests while balancing the interests of local communities and...
Case Alert: Bowein v Sherman – The NABOR As-Is Contract
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...
What does title insurance cover?
Your clients will come with many questions. In addition to your knowledge of the real estate market in your area, they will also want to know the ins and outs of purchasing a home. Title insurance can seem like a necessary evil. You know your clients will need it to...
What should homebuyers know about closing costs?
The price that you offer for the purchase of a home is not the full amount you will need to pay. There will be other costs that you will need to cover, either by retaining liquid capital or by preserving extra wiggle room in your financing. As someone hoping to buy...
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...
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...
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 routine “wear and tear” by tenants versus destruction?
If you are a landlord, you see signs of daily wear in tenants’ apartments all the time. These are usually fairly minor, pretty easily fixed and just plain unavoidable. Outright damage, however, is something else entirely. It is usually caused by “abuse or neglect.”...