One of the notable advantages for residents in the Sunshine State is the absence of a state income tax. However, this doesn't exempt them from the responsibility of property taxes. November serves as a reminder to tap into online portals provided by tax collector offices, facilitating convenient payment options for property taxes. 

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Senate Bill 264 marks a significant development in Florida's approach to foreign ownership of real property.

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This new law sets some distinct requirements on the timing and type of interests foreign principals may maintain, if at all, in certain Florida real estate.

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When you choose an attorney-owned and operated title company, the attorney is there with you throughout the entire process, from the day your contract is finalized all the way through the closing day and can answer any questions you may have during this time.

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Throughout the world, we are experiencing the effects of COVID-19, which is continuing to have a growing social and economic impact. Many parties to contracts are concerned about the performance of the other party, which begs the question as to whether the principle of Force Majeure could be invoked or potentially be detrimental to their situation.

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As Florida residents, we are fortunate to have one of the most generous homestead laws that allow protection to our primary residence from claims by creditors. These laws protect our homes from being forcibly sold to pay creditors.   While others states have laws which are similar, the laws of Florida homestead provide extra protection for our homeowners. There is an unlimited amount of protection in value for the home, even when the home is one that is luxurious worth millions of dollars, it will nonetheless be fully protected from creditors. This protection prohibits the forced sale of a property to pay certain creditors. However, one should note that the protections do not apply to sale for debts from property taxes, mortgages, construction liens, vendor’s liens or special assessments. 

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We have all been there. The struggle of having to locate a notary public, scheduling a time to meet and coordinating witnesses can be time consuming, inconvenient or sometimes impossible for many, depending on whether the individual resides in or out of state. Recently, Remote Online Notarization (RON) was signed into law, by Gov. Ron DeSantis, in the state of Florida. Florida is one of more than 20 states to allow the use of audio and video communication by signers to notarize signatures for documents. The new law has taken effect on January 1, 2020.

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As a buyer or investor in Florida real estate, it is helpful to familiarize yourself with various  legal concerns that may arise in any real estate transaction.  Among the most relevant legal issues for buyers are two separate, but related, matters: property ownership structure and title clouds.

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After viewing different properties and finding one you like, the next step is to make an offer to buy. To make an offer, a real estate agent will prepare a standard agreement. In Florida, most residential real estate transactions are governed by the “As Is” Residential Contract for Sale and Purchase, a form that has been approved by both the Florida Bar and the Florida Realtors association.

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