One of the greatest benefits of living in Florida, aside from the beautiful weather, is the state’s strong homestead protections. These protections safeguard your primary residence from creditor claims and prevent creditors from placing a lien on the property. Homestead property also offers valuable tax benefits, such as an exemption from a portion of the [...]
Family is at the heart of estate planning, and that includes blended families, second marriages, stepchildren, and mixed family situations. While these family dynamics bring joy, they can also create complexities when it comes to ensuring everyone is cared for after you're gone. For example, stepchildren do not have automatic inheritance rights unless they [...]
What is a “cash deal” in a residential real estate transaction? Many people think the definition requires the Buyer to pay cash in order to close the transaction. Because of this popular misconception, Sellers are often reluctant to allow the Buyer’s appraiser to come into the home when the Buyer decides to obtain financing. The [...]
Gibbons | Neuman is proud to announce that Jonathan S. Gilbert has been selected as one of Tampa Bay’s Best Lawyers in real estate law by Best Lawyers magazine. Mr. Gilbert concentrates his practice in real estate-related matters and business law. His real estate practice includes purchases and sales, finance, and leases. His business representation includes [...]
Buyer closes on a home purchase in December. The prior owners held title for thirty years and occupied the property as their homestead. Tax pro-rations are based on last year’s taxes in the amount of $3,000.00 (this is the custom and practice in the industry). Both parties sign a re-proration agreement agreeing to adjust tax [...]
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 [...]
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, [...]
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 [...]
Over seven (7) years ago, I installed a fence that is on a portion of my neighbor’s yard. Is it now my property? We have been asked this and similar questions regarding adverse possession and boundary disputes. There typically is not an easy answer. There are specific requirements for claiming ownership of another’s property [...]
Gibbons | Neuman is pleased to announce that partner and firm President, Rod B. Neuman, was selected as a Top-rated Real Estate Attorney to the 2019 Florida Super Lawyers®, part of Thomson Reuters.
With a distinguished pool of legal talent, Gibbons | Neuman provides unsurpassed legal service to both institutional and individual clients in Tampa.
If you need an attorney at law in Florida for a matter involving business, real estate, bankruptcy, estate planning, probate or personal injury, our firm offers experienced, high-quality legal services. As an established Tampa, Florida firm, we are proud of our reputation for skilled, cost-effective counsel. Our attorneys are accessible, trustworthy, and highly effective in creating strategies to pursue your legal goals, within your budget.
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