Monthly Archives: May 2017

How Are Florida Escrow Disputes Resolved?

May 25, 2017 - Blog by

Even the most mutually advantageous Florida real estate transaction can fall apart before closing. A seller may have failed to satisfy a necessary contingency or otherwise defaulted under the sales contract. A buyer may have failed to meet its obligations under the contact, triggering the seller’s right to terminate. Even […]

Leasing your condominium unit

May 23, 2017 - Blog by

A recent Florida district court ruling upheld condominium rules and regulations. In this case[1], the condominium association created rules and regulations restricting condominium unit owners from – leasing their units: 1. to unknown third parties without prior approval of the board of directors; and 2. for a period less than […]

LLC Agreement: Put it in writing. Now.

May 16, 2017 - Blog by

The LLC Operating Agreement – It Governs Your Rights, so Write It (and Write It Well) [The “pilot” episode, in preparation for a “series” of LLC articles] You have spoken with your lawyer and accountant, and you are convinced that you need an entity for your business operations. Based upon […]

Seller Financing of Residences Affected By Dodd-Frank

May 11, 2017 - Blog by

The Dodd-Frank Wall Street Reform Act and Consumer Protection Act (“Dodd-Frank Act” or “Act”) has specific impact on individuals or entities that engage in the practice of financing the sale of residential dwellings.    This rule expands on existing federal regulations concerning licensing, training, screening and compensation practices of loan […]

Claims against real estate agents

May 9, 2017 - Blog by

In a recent district court case¹, the fact that representations contradicted the contract did not require dismissal of buyers’ claims against real estate agents. The Kjellanders (“buyers”) purchased a home from the Abbotts (“sellers”) and, following the closing, found water damage, mold, and issues with the HVAC system that had […]