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Forming a Florida corporation is typically associated with starting a new business venture, but this is not always the case. In fact, a great portion of corporate needs are for structure between business partners to protect their interest in investments of any asset including real estate, business operations or even business furniture, fixtures, machinery or equipment (FFM&E).
The same can be said about forming a limited liability company (LLC) in Florida. For example, an investor who plans to purchase an urgent care clinic with a colleague needs a real estate attorney services like ours to handle several aspects of the transaction: Continue reading
Florida has long been a popular destination for retirees and for snowbirds who like to spend their summers up north and their winters in the sunny south. South Florida has also been popular among foreign buyers, mainly investors, who want to capitalize on desirable real estate. If you’re looking to purchase commercial or residential real estate in South Florida, it’s important to have a local real estate attorney to help guide you through the process.
Can HOA fees really stop a real estate closing from taking place? Yes; HOAs in Florida are known to attach liens and other unpleasant items that become encumbrances on title for various reasons, and they are known to prevent closings from happening. This is frustrating to say the least, and it places an undue burden on the housing market of the Sunshine State.
HOA liens have become a sad reality for many communities in Palm Beach County and across the state. This has become a prominent issue since the bursting of the housing bubble and the avalanche of foreclosures that started circa 2007. Unpaid HOA fees quickly depleted the coffers of many gated communities and condominiums; this turned into problems with trash collection, landscaping, exterior maintenance, and even cable TV service. As a result, many HOAs began to file liens on abandoned and foreclosed properties. Continue reading
Whether you are buying a home or selling one in south Florida, having an attorney on your side can be beneficial, especially if the sale is a complicated one. Unfortunately, with all of the recent foreclosure and bankruptcy problems in Florida, more real estate sales tend to fall in that complicated category these days.
An experienced real estate lawyer can help you review a sales contract to make sure that all of the provisions and contingencies in it have been written with your best interest in mind. She can also check for unrecorded liens, which could threaten your ownership of the home or could potentially cause the sale to fall through. Continue reading