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People who own real property may decide to rent it out to others to monetize their resources. In theory, a residential rental agreement is beneficial for both the landlord and the tenant. The tenant obtains stable housing with minimal maintenance obligations. The...
A real estate closing is a meeting that is a long time in the making. Sellers may accept offers weeks or more than a month before a closing is possible. Inspections, title research and other elements of the real estate transaction can take quite some time to complete....
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...