If a real estate contract makes time of the essence, is it necessary for the seller to give the buyer an opportunity to close after the closing date has passed?

| June 14, 2016

According to Florida case law as of the date of this article, when a real estate contract contains a time is of the essence provision, it is not necessary for a seller to give notice to a buyer or give a buyer an opportunity to close after a buyer’s failure to perform on the closing […]

How do Express and Implied Warranties in a Florida Real Estate Closing Help Buyers and Sellers?

| May 24, 2016

Buying or selling real estate here in Florida? If so, it is very important that you understand what all of those paragraphs in your sales contract mean to your purchase. Why? In a Florida residential real estate transaction, the written sales contract will control the transaction. Anything that was said by or among the parties […]

What Happens If the Seller or Buyer Dies Before the Real Estate Closing?

| May 17, 2016

Sometimes, buying or selling real estate isn’t as easy as it is portrayed on TV. Even in a cash transaction where no lender is involved, the buyer and seller may have to deal with all sorts of complications, such as removing any clouds on title (like satisfying any outstanding mortgages or paying any tax liens) […]

5 Must-Have Prerequisites for A Valid Contract to Sell Residential Real Estate In Florida

| April 26, 2016

In Florida, real estate transactions are governed by both real estate and contract law (other laws and regulations can also apply, like those related to mold, lead based paint, coastal control issues, etc.). As a result, transactions can quickly become complicated. Most Buyers and sellers know that all real estate transactions should have a written […]

What Are The Risks With Airbnb If You Rent Your Florida Home or Condo?

| November 3, 2015

Last Update: 03/21/16 The holiday season is here, and there are people all over the world who plan of spending their vacation basking in the warm Florida sunshine. Unfortunately, hotels and resorts throughout South Florida are already booked.  However, there’s still lodging opportunities for travelers who wish to visit Miami and Fort Lauderdale and our […]

5 THINGS TO KNOW ABOUT WITH FLORIDA CLOSINGS

| June 16, 2015

Last Update: 02/22/16 Here in South Florida, closings on residential real estate happen every day: condos are purchased for retirement homes and as investment rentals; homes in neighborhoods like Coconut Grove, Brickell, and Palm Beach are sold to families that may be moving across town or from across the country. In Miami, there are lots […]

Inherited Property and Partition: When Your Brother or Sister or Other Heir Won’t Agree to the Sale

| May 19, 2015

Last Update: 02/10/16 In Florida, when a parent passes away owning real estate and they are the only owner or the only surviving owner, the property, whether it is the family home or the family vacation property, becomes part of the deceased parent’s probate estate.  In most circumstances, this means that the property can only […]

Selling the House After a Florida Divorce: Is Partition the Answer?

| May 12, 2015

Last Update: 04/18/16 You live in Florida and you just got divorced. The two of you bought a house while you were married, which is usually the most valuable marital asset. The judge finalized your divorce, but ownership and how the home is to be disposed of wasn’t mentioned or adequately addressed in the settlement […]

Escrow/Deposit Problems in Florida Residential Real Estate Closings

| May 5, 2015

Last Update: 02/22/16 When you are buying a home here in South Florida, or you are trying to sell a house or condo somewhere in the Miami – Palm Beach – Fort Lauderdale area, there are certain things that are automatic in every residential transaction. The buyer makes an offer and the seller either counters […]

Is Your Real Estate Agent Guilty of Discrimination?

| February 17, 2015

Last Update: 02/24/16 Real estate agents in Florida can do bad things that hurt both home buyers and sellers in serious ways. A buyer may end up with ugly surprises in her new home: things like hidden defects (e.g., mold) that was not disclosed prior to closing. The seller may be thwarted from selling their […]

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