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 […]
Becker shareholder Jon Polenberg represents creditor-trustee, Daniel J. Stermer in a suit filed in Bankruptcy Court for the Middle District of Florida alleging that ATIF’s 2015 asset transfer to Old Republic National Title Insurance Company, one of the largest title insurance groups in the U.S., was fraudulent. Mr. Polenberg argued […]
Real Estate professionals in Miami are generally worried about macroeconomic forces that have more to do with policy than anything else. More specifically, all the talk of socialism has some Miami Real Estate influencers concerned. At a recent panel at Bisnow’s South Florida State of the Market event, many members of […]
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 […]
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 […]