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Forcing the Sale of Property After Breach of Sales Agreement

When parties enter into an active contract on the purchase of a home, they assume that the contract will close on the agreed upon closing date listed in the sales contract. Sometimes, however, notwithstanding that obligation, one of the parties changes their mind. What remedies are available when the other party refuses to close?

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Feeling the Impact? Lower Your Costs in the Development Application Process

Developers and property owners are required to go through a complex process of review at multiple layers of government when processing development applications. One of the requirements is an impact and concurrency analysis, which analyzes the impact the proposed building will have on public facilities and utilities, such as roads, sewer, infrastructure, and schools. What […]

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Do the Deadlines on the FAR BAR “AS-IS” Residential Contract for Sale and Purchase expire at 5:00pm or 11:59pm?

Answer: It depends! Section 18F-Time is a commonly misinterpreted section of the FAR BAR Contract. Calendar dates are used to compute the critical dates of the contract. If a deadline falls on a calendar date that is not a weekend or national holiday, the deadline expires at the end of that calendar date, which is […]

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Seven Tips to Save Money on Closing Costs

There are many costs associated with the purchase, or re-finance, of a property. These are known as closing costs. Closing costs can include an application, loan origination, appraisal, home inspection, credit report, title insurance, attorney costs, appraisal, and/or survey. These costs must be paid before the transaction is complete, and they are often paid at […]

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Controlling Uncontrollable Expenses

It has been some time since I last wrote about operating expenses in leases.  Tenants like certainty in budgeting and, because of the way most leases are drafted, landlords often have flexibility to change and increase operating expenses each year.  I have previously offered suggestions on how tenants can limit some of this uncertainty and […]

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New Far/Bar Rider for Miami-Dade County Residential Property

  Effective June, 2019, The FAR/BAR Contract documents now include a new Rider: CC. Miami-Dade County Special Taxing District Disclosure. Rider “CC.” should be used with contracts for the sale of certain residential property in Miami-Dade County.  The rider stems from an amendment to Sec. 18-20.2 of the Miami-Dade County Code which requires that sellers […]

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