by designonetest | Nov 20, 2024 | Blog
Transferring Real Property to LLCs in Florida Overrated? “You own a residential property? You should put it in an LLC in case of a ‘slip and fall’”. Does this sound familiar? It is a very common conversation amongst investors. And it is often the advice of attorneys....
by designonetest | Nov 20, 2024 | Blog
“On or Before” Closings, Is there a Benefit? It’s a popular phrase, but one common misconception regarding the use of the words “on or before” is that these words alone somehow provide either party to the transaction the unilateral ability to change the...
by designonetest | Nov 20, 2024 | Blog
Spoiler Alert: More Red Tape!! Just a few short months ago settlement agents in Florida became obligated by the Florida government to obtain an affidavit from each and every Buyer we work with attesting to the fact that he/she is not a foreign principal of a certain...
by designonetest | Nov 20, 2024 | Blog
Lady Bird deeds (or what more formally are known as enhanced life estate deeds), are now approved for use in the state of Florida. Several other states as well have approved use of this type of deed. In order to understand the unique and beneficial qualities of a Lady...
by designonetest | Nov 20, 2024 | Blog
Let’s “Inspect” Some Contract Clauses Understanding the distinction between the Inspection Period clauses of the two most commonly used contracts (i.e. the FAR-BAR “As Is” and “Standard” Contracts) is vital to your practice. As lawyers, we view every line of any...
by designonetest | Nov 20, 2024 | Blog
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 buyer, the seller is under a duty to disclose them to...
