If you are planning to become a landlord, be aware that it is a serious undertaking, especially when it comes to a condominium. Florida statutes cover many of the rights and responsibilities of landlords and tenants, and there are additional statutes that apply when a...
Protecting your interests when purchasing a home
Purchasing a new Florida home is a great way to build wealth, but if you are not careful during the home-buying process, you may wind up with a money pit. Along the way, you may need to make offers on a contingent basis, meaning you plan to purchase a home if, and...
Like-kind exchanges and property
Landlords and business owners may consider swapping properties during their careers, but have to contend with capital gains taxes in case their property sale nets them profit. Having that profit can help in securing a new property, though, which is where a 1031...
What are some common issues that arise during real estate closings?
When buying a home, making it to closing day can feel like a real triumph. However, issues often arise during the real estate closing, and depending on their severity the results may be disastrous. Here are a few common issues to be aware of, as well as some steps you...
How can real estate contingencies help home buyers?
Purchasing your new home in an Orlando neighborhood can be an exciting time for you. Still, you want to be sure your dream home does not turn out to be a nightmare. That is why you should consider putting in a number of contingencies as part of your real estate...
What first-time Florida homebuyers need to know about disclosure
Buying a home in Florida for the first time is often a thrilling experience that can quickly become devastating if the seller did not make the appropriate disclosures. Purchasers typically have legal recourse if the real estate contract omitted specific facts about...
Do you know how to handle problematic tenants?
When you first decided to become a landlord in Florida, you knew there was a chance that you could run into issues with tenants. Do you have any idea of how to resolve matters legally and fairly? Money Crashers has some tips that you may find useful. Understand common...
Withholding rent due to maintenance issues
As a renter, you may feel as if you have no remedy against a landlord who fails to keep your rental in safe and proper condition. However, Florida law does give you some power and ability to hold your landlord responsible. You have the option to withhold rent in...
What to know about title defects
A title search is an important stage in buying a Florida home because it helps to make sure that you are purchasing a property with no outstanding problems. You do not want to buy a home only to find that another party has a claim on it, a claim that might derail the...
What is the law about rental deposits?
When you rent an apartment or house in Florida, a landlord will usually ask you to pay a deposit. The deposit may be for the same amount as a month's rent or it could be more or less. This deposit is generally a way for the landlord to protect him or herself. The law...