In light of the Covid-19 pandemic, does the Force Majeure clause allow a Seller or Buyer to back out of a Florida residential real property contract? Whether you are a Buyer or Seller, numerous contracts will be canceled or delayed due to the Covid-19 pandemic. In many instances, one of the parties will argue [...]
FINANCIAL ASSISTANCE FOR BUSINESSES AFFECTED BY COVID-19 PAYCHECK PROTECTION PROGRAM COVID-19 has caused substantial economic hardship for almost every business. The CARES Act, which became law on March 27, 2020, through its Paycheck Protection Program, also referred to as the Payroll Protection Program (“PPP”), provides significant financial help for small businesses, including businesses [...]
Thank you to health care workers, police officers, firefighters, truck drivers, grocery store workers and many other individuals during this time who continue to work so bravely without giving a second thought to their own well-being. It is thanks to their sacrifices that we continue to have a functioning society. A big thank you to the neighbors, [...]
To our Clients, Business Associates and Friends, During difficult times, we're reminded of the things that are most important in life: family, friends, and relationships. We, like you, have been closely following the quickly changing circumstances around COVID-19. Our main concern is the health and safety of everyone as we continue to provide you with [...]
During this time of uncertainty and concern for one’s own safety and health and that of loved ones and the public at large, Gibbons | Neuman wants you to know that we are taking this crisis seriously. We have implemented virus safety/cleaning protocol for our staff as to changes to our standard practices. We are [...]
How do I settle my dispute regarding jointly owned real property? Often, two or more persons will buy a piece of investment property with high hopes of collecting rent, paying off the mortgage and providing an income stream. In many instances, disputes arise regarding maintenance, improvements, collection of rent, etc. When these disputes become irreconcilable, [...]
When I serve in my role as mediator, I typically have private sessions with the clients and their attorneys before the general session. When I discuss compromise and the reasons why it makes sense, I sometimes see quizzical or even angry looks on the faces of the parties. This tells me that the client has [...]
In December, 2019, the President signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act which took effect on January 1, 2020. This law has made significant changes in some of the retirement account rules which previously existed. Some of the changes include delaying the date on which a person must begin [...]
Is it important to understand your contract in connection with your residential real estate purchase? Consider the case of Florida Investment Group v. Lafont, 271 So. 3d 1 (Fla. 4DCA 2019). In Lafont, the Buyer had a financing contingency which stated that the contract was subject to the Buyer obtaining a conventional fixed rate loan [...]
As we celebrate the joy of the holidays, we are grateful for the opportunity to work with you. We wish you and your family peace, prosperity, and happiness in the coming year.
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