Gibbons | Neuman Attorney/Mediator Rod Neuman presented to a group of eager, inquisitive real estate agents at Keller Williams Grand Central on the subject of mediation. The topic is very pertinent for realtors because of the mandatory mediation provisions contained in most residential real estate contracts. The group had an informative discussion as exemplified by [...]
Be careful! In all likelihood, under both scenarios, you will be responsible for paying all charges (assessments, interest, and attorneys’ fees) that were incurred and owed by the prior owner. You may want to wait and allow the lender to purchase the property at the foreclosure sale and then try to negotiate with the lender [...]
The limited liability company is a popular business entity for owners of investment real property who wish to protect themselves from business debts and liabilities. To form a limited liability company (“LLC”) in Florida, the essential document which must be filed with the state is the Articles of Organization. It identifies the LLC’s members (owners), [...]
During the foreclosure crisis, a large number of investors purchased properties coming through foreclosure sales thinking that all possible liens against the properties had been wiped out in the foreclosure proceedings. Although it is critically important to have the title examined in order to determine that all proper parties were included in the suit [...]
Hardly a week goes by without someone contacting our office to discuss an intra-family transfer of real estate. Usually, a person calls and tells us what they have in mind, and if they have not already acted by themselves without our advice, we are able to keep them from making costly mistakes. In other instances, [...]
The answer will probably surprise you. Most people will not hire an attorney or do a title search when they are entering into a residential lease for a single family residence. Many tenants have their guard down and “assume” that the landlord is legitimate and has no issues. Most tenants are relieved to have found [...]
As a Seller, when you engage a realtor to list your home, or if you decide to sell it “By Owner,” you will likely be asked to fill out a “form” entitled SELLER’S PROPERTY DISCLOSURE. Many times, Sellers breeze through the disclosure statement very quickly, without putting much thought into their answers, and without paying [...]
We are frequently asked to review contracts for the sale of real estate and to advise our client (either the buyer or the seller) as to legal issues which surround the transaction. Unfortunately, many times a client who wishes to retain us has already signed the contract and then seeks our advice. In this situation, [...]
In Florida, a person’s homestead is exempt from forced sale by judgment creditors. A homeowner can lose their homestead by failing to pay property taxes, mortgages or repairs or improvements which are properly perfected as a construction lien that is properly foreclosed. A judgment creditor (such as, for example, a bank that obtains a judgment [...]
Everyone likes to save money – so sometimes a real property buyer will ask “Do I really need to order a survey?” The answer is always “Yes, you ALWAYS need a survey before you buy a parcel of property.” A survey will locate your property’s boundary lines and the buildings and other improvements on your [...]
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