by Larry Tolchinsky | Florida Real Estate, Real Estate, Real Estate Title
Once you send in your final mortgage payment (or you payoff your loan when refinancing or selling your home), your lender has an obligation to act. It’s the law. The bank is required to prepare and record in the public records where the property is located a... by Larry Tolchinsky | Florida Law, Florida Real Estate, Partition, Real Estate, Real Estate Title
In Florida, there is more than one way to own an interest in real estate. It’s important to understand these ways before “taking title” to the property at the closing table. One key question in deciding how to own property: is the owner able to convey complete... by Larry Tolchinsky | Closings, Florida Real Estate, Real Estate, Real Estate Title
Last Update: 4/26/22 The simplest reason that deeds have the seller’s signature sworn before a notary public is to prevent fraud. This is particularly important in real estate transactions where the seller is foreign or is abroad. In fact, our years of... 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 | 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.). ...