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One of the most important documents in a commercial real estate purchase isn’t a contract or other agreement. It’s not even a legal document – nor is it binding. It’s a letter of intent (LOI). Writing an LOI is one of the first steps in purchasing a commercial...
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...
When the real estate market is competitive, buyers often have to make concessions. They may pay more for a property or commit to the transaction without contingencies so that the seller selects their offer over others. In some cases, they might even agree to complete...
More and more people are turning to work-from-home or remote working opportunities. That, coupled with higher interest rates have been significantly impacting the commercial lease market in recent years. The dynamics between landlords and tenants are changing as the...
There are many professionals who can provide assistance during a real estate transaction. Many buyers and sellers immediately start looking for a real estate agent to assist them. They may also rely on a local title company to both prepare for the transaction and...
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...
Finding the right commercial space for a business is a difficult prospect. Particularly when a business has unique needs, it can be very difficult to find a property that checks all of the appropriate boxes. The business owner or executive looking for a retail space...
Real estate agents have a duty to act in the best interests of their clients. Fulfilling that duty often involves trying to get as much as possible and helping them sell a home. In some cases, depending on how an agent structures their charges, maximizing the sale...
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...
Landlords receive rent in exchange for providing a space for a tenant to occupy. Both residential and commercial landlords typically have some degree of maintenance responsibility for rented properties. In commercial leases, it is common for landlords to divide...