Below you'll find a list of all posts that have been categorized as “Real Estate Law”
Written by: Kirsten E. Guerin The recent $418 million settlement by the National Association of Realtors (“NAR”) could change the way homes are bought and sold across the country. This settlement agreement by the NAR was driven by an antitrust lawsuit filed against the trade group, where a federal jury found the organization (along with several large real estate brokerages) …
Although we are well into the new year, real estate experts say they have no reason to believe the 2022 will look anything different than 2021. That is to say, the connection of short supply, high demand and rising median prices region wide shows no signs of slowing down. In January 2022, Sarasota home prices were up 23.6% compared to …
After the shocking news of the Champlain Towers South condo collapse that killed 98 people in Surfside near Miami in June, the lack of Florida state regulations regarding inspections of condo towers became very clear. Only two counties in all of Florida (Broward and Miami Dade) requirde the recertification of buildings, however that process only comes into play once a …
Home equity of mortgaged property in Sarasota increased by by $1.13 billion in the second quarter of 2021 thanks to the recent surge in house prices in 2021. A report released by a real estate analytics company stated that the average increase in value of mortgaged residential real estate was $60,600 per home, above the national average of $51,500, according …
Associa Gulf Coast and Derrick Maginness co-hosted a board cert course at the Sarasota Yacht Club in July. Associa Gulf is the industry leader in property management for community associations and proudly serve nearly five million homeowners every day. With a wide array of programs and services ready to fit the specific needs of any HOA. The HOA/Condo Board Certification …
The recent tragedy in Surfside has left Associations concerned about structural integrity of their buildings in Florida. On July 1st Joseph M. Herbert from our Trial Practice and Dispute Resolution Group was a panelist for the Community Association Network Group to discuss what assocations need to know about aging buildings and foundations in Florida. Surfside condo collapse could lead to …
Investing in real estate is an ever increasing popular way to make money. Owning property is often less risky than owning stocks, and there are also tax benefits and additional advantages. That being said, real estate investing is not risk free and understanding some of the common mistakes that investors make may help others make more of a profit quicker. …
Every community deals with renters who break the association’s rules and regulations. While the association’s governing documents may allow it to take certain actions against those tenants, the Florida Statutes provide for remedies as well. Derrick Maginness joined the Sarasota Community Association Network for a discussion on Renters Rights, Applications and Background Checks at the event at the Sarasota Yacht …
With no state income or inheritance/estate tax, Florida is becoming a preferred destination for more than 330,000 individuals annually.If you are thinking about or have just made the move follow these steps to confirm and establish your legal domicile in Florida. We are often asked how to become a Florida resident, or how to maintain that residency. This decision can …
Although COVID-19 seems to be not going anywhere soon many buyers have noted that COVID-19 has accelerated life plans to set their roots.