Sharing What I Know About
Florida Real Estate Law
Sharing What I Know About Florida Real Estate Law
AboutFlorida Living Trust – Trustee’s Duty to Inform Beneficiaries
A Florida revocable trust is an estate plan document where one person, the trustee, holds legal title of specific assets for the benefit of another, the beneficiary, and where the settlor, the person creating the trust, creates the trust for a legal purpose. A trust...
Deficiency Judgments in Florida: What Are They and Will I have to Pay?
A deficiency in the mortgage foreclosure setting is the difference between the value of a lien on real estate (the amount due to fully satisfy a debt) and the price obtained by the Bank after foreclosing on the property (or the fair market value of the property). Say,...
Florida Probate Process – An Outline of the Steps in a Florida Probate
My latest summary is now posted on AboutFloridaProbate.com and on JDSupra. The summary is called the Florida Probate Process and offers an outline of the steps and documents filed in a Florida Probate. It is comprehensive and addresses some of the most commonly asked...
What happens if you die without a Florida Will – Florida Intestacy
If an individual, the “decedent,” dies intestate (without a Florida will), Section 732.102 and 732.103 of the Florida Probate Code provide for the distribution of assets, first and foremost, to the surviving spouse and lineal descendants (children, grandchildren,...
South Florida Real Estate Market – Is It Being Manipulated?
An article published in The Miami Herald yesterday, pointed to evidence that lenders are slowing the flow of foreclosures to the South Florida real estate market, thus curbing further price declines. In Miami-Dade County, lenders reportedly repossessed 756 homes in...
Florida Enhanced Life Estate Deed – Lady Bird Deed
Last Update: 2/26/18 An enhanced life estate deed is an attractive way to transfer real property at death while also maintaining flexibility during the grantor's lifetime. Traditional Life Estate Deeds The traditional Life Estate Deed is an estate-planning tool with...
Florida Title Insurance – Who Pays?
In Miami-Dade and Broward Counties, it is customary for the Buyer to pay for title insurance in a real estate closing; however, in Palm Beach, and most other parts of the State, it is customary for the Seller to pay. Even though these are the customs, sometimes the...
Florida Foreclosures – Dwyane Wade of the Miami Heat to the Rescue
South Florida has the 10th highest foreclosure rate in the country last month, according to RealtyTrac. A large number of Floridians have refused to respond, often out of embarrassment or mistrust, to people trying to help them with their Foreclosure problems. This is...
Florida Real Estate Foreclosures – The Nightmare of Buying From a Bank
I am involved in several Florida real estate transactions for the purchase of bank owned foreclosures. These days most Florida real estate transactions are purchases of bank owned foreclosures and I can't believe that anyone would think that things are any better now...
Florida Real Estate – Beware of Fraudulent Landlords
Recently, I saw a television news report about how people are renting out homes that they don’t own. It reminded me that in these trying economic times, renters must be especially careful in who they rent from. A number of my clients, for example, are renting...
