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I Could Be Liable for What

Most of us in the real estate business know the standard in Florida: “where the seller of a home knows of facts materially affecting the value of a property which are not readily observable and are not known to the...

Homestead Exemption Trap to Avoid

For those of you who already have the homestead tax exemption on your primary Florida residence, you may have recently received a yearly receipt card for the exemption renewal. As a reminder, the renewal card provides,...

Homestead

Understanding Florida Homestead Law Florida's homestead law is a cornerstone of homeowner protection, offering significant benefits and safeguards. If you're a new homeowner or looking to reduce your property tax...

Financing Your Buy-Watch Out

It is an exciting event; buyers are purchasing their new home, their castle, their fortress of solitude. It should be a happy time, and a great experience for them and their family. However, purchasing real property...

Probate

Why Can’t We Sell Mom and Dad’s Florida House or Condo? Generally, Florida probate is required when someone passes away owning assets in their sole name. When it comes to Florida real estate, it is common for many...

The Devil is in the Details

Ever heard that phrase? Well, it couldn’t be more true than in real estate transactions, and a recent Florida case has reemphasized this idiom. The Fourth District Court of Appeal in the case of Florida Investment...

POA

A Guide to Leveraging the Power of Attorney in Florida Real Estate In the hustle and bustle of the real estate world, realtors are at the forefront of property transactions. Recognizing the role and relevance of a...

All Title Agents are Not Created Equal

In a burgeoning yet increasingly tricky real estate market that includes foreclosed properties, unpermitted improvements, high demand but low supply, and ever more litigious parties, it has never been more important to...

Leaseback Agreements: Strings Attached

Leaseback Agreements: Strings Attached

In this current crazy market a very hot topic is leaseback agreements where sellers lease back their properties from their buyers after closing. This appears to be happening mostly because sellers are rushing to sell...

FIRPTA Say What?

FIRPTA Say What?

So what the heck is this FIRPTA thing, and why do I keep hearing about it? First things first: FIRPTA stands for the Foreign Investment in Real Property Tax Act of 1980, a federal law requiring the accurate reporting...