By: Ned Hale, Attorney/Owner at Hale Law Group, P.A., Fort Myers, FL Board Certified in Real Estate by the Florida Bar Sole Ownership: Advantages: -Easy. No documents to prepare. Disadvantages: -No asset protection—creditors can seize the property unless it is homesteaded. -Property passes through probate if owned at death, which can lead to delays [...]
Real Estate licensees frequently ask their legal counsel of board certified attorneys if they can be personally sued by a party to a sales contract or a lease. Surely, these licensees reason, they can’t be sued personally – they are working for a company, after all, and isn’t limited liability the main benefit of working [...]
Our lawyers in Fort Myers are well-versed in business law and can offer reliable services. Read on to learn what they have to say about the “Mirror Image” rule. The "Mirror Image Rule" is a very important component of Florida Law. What it means is that during the offer/counteroffer/countercounteroffer, etc. process, be sure both the [...]
Advantages:-The surviving joint tenant(s) automatically receive the deceased joint tenant’s share. In other words, “survivor(s) take all”, regardless of what one’s will says. Avoids probate for that asset. -All owners have the right of possession of the entire property.-Easy. Only need to make sure the deed reads: “As Joint Tenants With Right of Survivorship.”Disadvantages:-Only natural persons, and not trusts, corporations, [...]
This is the latest article in a series on how to take title to Florida real estate. The subject of today's article is: Taking title as a tenancy by the entireties, which can only be taken by two married people, including same sex married people. Read on to learn what our real estate lawyers in [...]
As a leading name when it comes to real estate and business law services in Florida, we are well-versed in the related legalities. This is the second in a series of articles by our experts that attempt to simplify and make sense of the FR/BAR contract. In this article, we will analyze paragraph 8, the [...]
In my 16 years (and counting) of teaching business law, particularly the FR/BAR contract to licensees in Southwest Florida, I have often joked that, in addition to the buyer and seller, there is a third party to the contract. This party is all powerful, practically unaccountable, notoriously fickle, and, worst of all, it doesn’t even [...]
A Florida man recently demanded that a no-pet condominium association permit his “emotional support parrots.” He would walk around the pool area with the parrots on his shoulder like a pirate. A woman tried to board an airplane in Orlando with her “emotional support squirrel.” The airport in Newark was the scene of a New [...]
The process, typically initiated by the landlord, of having a tenant move out of the place is known as eviction. The rules and regulations that deal with eviction in Florida are quite strict to avoid any unfortunate events. A landlord must follow all the steps stipulated by the law and go to court to evict [...]
Before making your first move while selling your residential property across Florida, you must get in touch with a real estate law attorney. There are many mistakes that you may make being a non-professional. Hiring a residential real estate attorney will help your deal to get a quicker and expected response. You must avoid the [...]