Two years ago, my wife and I sold our house of 23 years and decided to downsize. We thought we would rent for a year and figure out what we wanted to do. I had an accident, so one year became two and she (not me) started looking just as the COVID-19 crisis began. I […]
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Unlicensed Practice of Law
Q: As a realtor, how do I know what I’m allowed to do myself, and what I need to hire an attorney to do? A: Real estate professionals often have questions about what might constitute the unlicensed practice of law – commonly known as UPL – which is a criminal infraction under Florida law. UPL […]
Read MoreEverything You Need to Know About Net Leases
The term net lease refers to a contractual agreement where, in addition to rent, a lessee pays a portion or all of the taxes, insurance fees, and maintenance costs for a property. Net leases are commonly used in commercial real estate. In the purest form of a net lease, the tenant is expected to pay […]
Read MoreAttorney Fees with Respect to Brokerage Commissions
Q: If I have to sue for payment of my brokerage commission, will I be paid for my attorneys’ fees? A: In Florida, and most jurisdictions throughout the United States, the prevailing party in a lawsuit is not automatically entitled to an award of their attorneys’ fees incurred in the course of the case.
Read MorePre-Judgment and Post-Judgment Interest
Q: If I have to sue to get my commission paid, do I get interest on the unpaid amount? A: The Florida Statutes provide that the plaintiff in a lawsuit is entitled to judgment on the amounts being sued for, both after and potentially before a judgment is entered.
Read MoreLiquidated Damages and Your Listing Agreement
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, including, first and foremost, the […]
Read MoreHow to Deal With Seller Delays With Respect to Commissions
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.
Read MoreWitnessing Lease Agreements: What Did, and Did Not, Change
Prior to July 1, 2020, some landlords and tenants did not realize their lease agreement contained a minor defect which undermined the enforceability, in whole or in part of the lease agreement itself. Leases for a term of more than one year were distinguished under Florida law and an interest in real estate for a […]
Read MoreFive Mistakes All First Time Home Buyers Should Avoid Making
Buying a home for the first time is exciting. While home hunting it may be easy to get blinded by the size of the swimming pool, or the spacious open layout, or the amazing backsplash on the kitchen walls to go with those new granite and quartz counter tops and hard wood floors. When one […]
Read MoreGovernor Declares State of Emergency Due to Hurricane Isaias
On July 31, 2020, Florida Governor Ron DeSantis issued Executive Order No. 20-181, declaring a sixty (60) day a State of Emergency in each county along Florida’s east coast ahead of Hurricane Isaias. This includes areas from Miami-Dade to Nassau counties.
Read MoreManaging Government Approval for Community Repairs and Improvements
Do you live in a community that is planning repairs or improvements? You may not be aware, but it is often the case that in order to legally proceed you must obtain local government approval through the Planning & Zoning Board or City Commission. Whether you live in a single family home or in a […]
Read MoreIndustrial Real Estate in the New COVID-19 World
The long-term effects of the COVID-19 global pandemic should boost demand for industrial and logistics focused real estate in Florida and throughout the country in large part because of the following reasons: Acceleration of E-Commerce: Even as the country slowly re-opens, many believe that consumer behavior and the proclivity towards e-commerce will persist, causing the […]
Read MoreProperty Improvements Through Programs Such as PACE: Understanding the Issues
Property owners have often found that improving their property to make them more energy efficient or wind resistant is expensive. However, our legislators authorized Property Assessed Clean Energy (PACE) programs to help homeowners finance the cost of those home improvements. PACE programs are specifically designed to assist both residential and commercial property owners to finance […]
Read MoreReal Estate Law Blog Attorney Spotlight: Philip C. Rosen
This month’s Attorney Spotlight introduces you to the Chair of Becker’s Real Estate Practice Group, Philip C. Rosen.
His practice is focused on commercial and residential real estate matters and business transactions. With more than 16 year…
Why Brokers Should Consider a Land Use Attorney
As brokers, you are constantly looking at ways to maximize value for your clients. Whether you represent sellers or buyers, you may be missing out on huge opportunities by not engaging in land use due diligence. Many of you are familiar with real estate due diligence, on title work, deeds and insurance, but you have […]
Read MoreBreaking Up Is Hard to Do: Who Gets Credit for the Deposit When Unmarried Couples Partition a Home?
Every 1 in 3 Millennials purchased a home in 2018, and yet only 36% of Millennials were married. It’s getting more and more common for this generation to choose to purchase a home together as boyfriend/girlfriend and take title as joint tenants with right of survivorship. But, what happens when they breakup and cannot agree […]
Read MoreBigger Is Seldom Better
The end of the year is the time of year when real estate attorneys are the busiest. We are trying to close multiple deals by year-end for our clients. With the closing rush comes the review and negotiation of stacks of documents. We work on contracts, leases, and loan documents. Over the years, most attorneys […]
Read MoreHow to Sell a Home While Trying to Buy One at the Same Time
Buying a home is often a difficult process in and of itself, but selling a home while trying to buy one at the same time? It can be done if you have a plan and know what you are doing. You should have a real estate professional on your team to help you navigate through […]
Read MoreForcing 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?
Read MoreFeeling 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 […]
Read MorePop-Up Leasing is Good for Everyone
As Halloween approaches, we have all probably noticed a number of pop-up Halloween costume and party shops opening around town. As soon as they close, the Christmas stores will take their place. Holiday and other pop-ups have become very popular in the retail landscape over the last decade or so. For both landlords and tenants, […]
Read MoreDo 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 […]
Read MoreSeven 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 […]
Read MoreControlling 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 […]
Read MoreNew 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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