by Larry Tolchinsky | Closings, Florida Law, Florida Real Estate, Real Estate
In Florida, when a seller and a buyer sign a residential real estate contract for the purchase of a new home or condominium, they create legal duties for themselves. If these duties are not fulfilled, then under the contract there are consequences. Those consequences... by Larry Tolchinsky | Closings, Florida Law, Florida Real Estate, Real Estate Agents
For real estate transactions in Florida the real estate contract controls the deal. This is the common understanding of most real estate professionals. However, these contract terms are based upon long standing legal principles which have been codified and become part... by Larry Tolchinsky | Florida Law, Florida Real Estate, Real Estate
Last Update: 4/14/21 Learn about the different ways to rescind a contract including using the force majeure provision because of the coronavirus. When things go bad in a Florida real estate transaction, or an unplanned event occurs, the first thought a buyer or seller... by Larry Tolchinsky | Closings, Florida Law, Florida Real Estate, Mold, Real Estate
Last Update: 4/14/21 In Florida, in order to have a binding contract to purchase real estate, both the buyer and seller must sign a written agreement that includes the material terms of the deal (price, closing date, description of the property, financing, etc.). ... by Larry Tolchinsky | Closings, Florida Law, Florida Real Estate, Real Estate Title, Titles
Last Update: 3/25/20 In Florida, buyers breach real estate contracts all of the time and in all sorts of ways. When a buyer fails to meet his or her obligations under a sales contract, oftentimes it leaves the seller wondering what steps to take now that the buyer has... by Larry Tolchinsky | Closings, Florida Real Estate, Real Estate, Real Estate Title, Titles
Under Florida law, a “bona fide purchaser” of real estate is afforded certain protections including ownership and title. The rule essentially provides a buyer with superior rights to property over those who may have valid interests in the property, albeit unrecorded...