Discover comprehensive Real Estate Law Articles that cover various topics and provide insights relevant to property law and transactions.
A “zombie” title is the result of a bank not completing a foreclosure. A zombie title leaves a homeowner “in limbo” and may cause a number of financial difficulties. If you are dealing with a zombie title in central Florida, take your concerns to an Orlando real estate attorney. If you are struggling with debts…
The Tax Consequences of A Short Sale in Florida Did you know that if a Lender writes off debt in a short sale it’s considered a “taxable event?” The lender tells the IRS about the transaction by submitting a “Cancellation of Debt, Form 1099-C” at the end of the year. The IRS generally considers forgiven…
All too frequently, rental homes and condominiums throughout Orlando go into foreclosure while tenants are still living in the property. Almost every day our firm is contacted by either a tenant or a landlord regarding issues that result from their rental property being in foreclosure. The Orlando Sentinel has picked up on this frequent problem…
Florida-friendly landscaping and the Unfriendly Homeowner’s Association The Florida legislature passed a law in the early 2000s and in 2009 with the goal of encouraging homeowners and community associations to cultivate landscapes that don’t require pampering with sprinklers and chemicals. These lawns are referred to as “Florida-friendly” lawns or landscaping. Florida-friendly landscaping is defined by…
It seems that recently, every attorney is practicing foreclosure defense. The problem is that not many of them are knowledgeable enough in the area to be worth the money they charge their clients. The reason for the large increase of attorneys practicing foreclosure defense is simply that there the need for foreclosure defense is in…
TALLAHASSEE – With Florida among the slowest states to wade out of the post-boom foreclosure morass, lawmakers in Tallahassee have proposed a number of bills to speed up the process of property seizures. Two that have the backing of both the state’s banking industry and Florida Realtors, are House Bill 87 and Senate Bill 1666,…
Thousands of homes languishing in foreclosure are a real problem for Florida. But lawmakers aiming to clear the logjam should resist legislation that would speed up the legal process at the expense of consumers. Instead, resources should be directed toward rectifying unfair loan practices; helping “underwater” homeowners; assisting condominium and homeowner associations as they deal…
On Friday, June 7, 2013, Governor Rick Scott signed The Florida Fair Foreclosure Act, which made many substantive changes to how foreclosures must be conducted in the state. The primary focus of the Act is residential real estate foreclosures, however, a number of the new foreclosure requirements also relate to commercial real estate foreclosures. Section…
Florida Law Provides for the notice a homeowners’ association must give to its members of any meetings of the Board or Directors. Florida law also provides for who has the right to attend these meetings. Section 720.303 of the Florida Statutes states: 2) Board meetings.– (a) A meeting of the board of directors of an…
On Friday, June 7, 2013, Governor Rick Scott signed The Florida Fair Foreclosure Act, which made many substantive changes to how foreclosures must be conducted in the state. One of those changes affected the statute of limitation regarding the bank/lender’s ability to pursue deficiency judgments after a home is sold through a foreclosure auction. What…
One of the most unfortunate situations is where the relationship breaks down between friends, or even family members, which results in the need to have the person removed from your home. Many people make the costly mistake of filing an eviction to have the person or persons removed. However, eviction is not allowed under Florida…