Q: Will the courts enforce the liquidated damages provision in my listing agreement? A: That depends on a few things. A liquidated damages provision in a listing agreement sets forth the amount of money both parties agree will be paid to the broker in the event that certain events occur, […]
Q: There have been so many orders and news conferences from the governor regarding the COVID-19 pandemic. Can you give us a quick overview of what orders that apply to community associations are still in effect? (R.D., via e-mail) A: On March 9, 2020, Governor Ron DeSantis issued Executive Order […]
The Florida Legislature recently passed several community association related bills after a busy session. Becker’s Shayla Mount outlines the bills and the potential impact on your community association in the latest Legal Update 2020. Read the full article.
Q: What if my seller delays the closing beyond the termination date of our listing agreement just to avoid paying me my commission? First, you should make sure your listing agreement expressly protects your commission in the event the sale doesn’t close until after the listing agreement has terminated.
Q: I heard there is a new law that impacts the registration process for “55+” communities. What are the details? R.W. A: You heard correctly. Effective July 1, 2020, Section 760.29(4) of Florida Statutes was amended to delete the requirement for “housing for older persons communities” (often called “55 and […]
