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Category: Real Estate

A Quick Guide to Florida Agency Law

  In the world of real estate, “agency” refers to when a salesperson enters into a relationship with a client. The salesperson in these relationships owes a fiduciary duty of loyalty and confidentiality to the client. This type of relationship in Florida is referred to as a single agency. While this concept might be easy to understand, this article examines some commonly encountered nuances in agency law. What Florida Agency Law Encompasses Law in Florida clarifies how a real estate li[...]

Common Florida Real Estate Myths

  The real estate industry is full of high stakes. It is important to be knowledgeable and sensible in order to be successful when making such large investments. Real estate investors and professionals must avoid common pitfalls in order to stand above the crowd. The following are some of the common myths about Florida real estate. Do not fall into the trap of believing or perpetuating the following misconceptions: Myth: It is Easy to Predict the Real Estate Market While some investors mak[...]

Essential Strategies for New Real Estate Investors

  For a first time investor, navigating the real estate market can seem like one of the most difficult challenges possible. With the numerous risks that are involved in the process, deciding how to begin can be confusing. If successfully navigated, however, the real estate business can present a person with unrivaled rewards. The following will review some important pieces of advice that those who are interested in investing in real estate should consider. Properly Educate Yourself It is i[...]

Understanding Florida Quiet Title Actions

For many people who are involved in the purchase and sale of Florida property, title issues are common. It is critical that Florida property owners exercise the highest degree of caution when navigating quiet title actions. The following will review some of the most important things that all property owners should understand about Florida quiet title actions. What Constitutes Title? Owing title in a piece of Florida property means that a person has a legal interest in the land. In the state of F[...]

Lawsuits Involving Quitclaim Deeds

In the state of Florida, quitclaim deeds are one of the most popular ways to transfer interest in a piece of property. An individual who signs a quitclaim deed transfers whatever interest that person has in the property to another individual. Unfortunately, given their expansive nature, quitclaim deeds frequently lead to lawsuits. Florida Law and Quitclaim Deeds In accordance with Florida law, a person who grants a quitclaim deed does not claim that the ownership being transferred is valid or fr[...]

Things to Leave Unfixed When Selling a Property

  As most people with real estate experience can tell you, it is common to discover that repairs need to be performed before a piece of a property can be sold. This might include leaks, improperly working appliances, and insect infestations. While any defect or condition that impairs the function or operation of a property should certainly be fixed, when it comes to additional details, it is often best to think twice about whether these repairs are truly necessary. This article reviews a nu[...]

Advice on Handling Easements Attached to Florida Property

  There are a large number of real property concepts with which buyers in Florida are not familiar. One of these little understood concepts involves easements. Frequently, concern about easements arise after a person makes an offer on a home that has already been accepted. In these situations, the concept of an easement can make a substantial difference in the value of the property. The following takes a brief look at easements and recommends some considerations that realtors should make re[...]

The Common Challenges to Florida Real Estate Closings

  There are a number of complications that can present barriers to a successful Florida real estate closing. Unfortunately, these errors have the potential to add weeks and sometimes even months to the amount of time that it takes for a successful closing to occur. In these situations, it is often a wise idea to obtain the assistance of a skilled real estate attorney. It also helps to understand some of the common tips that can be used to make sure that this process proceeds as smoothly as [...]

Things to Consider Before Purchasing a Rental Property

  There are a number of reasons why purchasing rental property in Florida can be a wise idea. Like with many things involving finance, however, a buyer should understand some important details about purchasing property before deciding to do so. The information below review some of the important details that you should consider before purchasing a piece of rental property. Be Prepared to Perform Repairs Many property owners who only have a property or two discover that it is best to know how[...]

Reasons to Obtain Residential Property Surveys

  Home buyers in Florida are not required to survey residential property before closing on a new home. Despite this, it is often a good idea to perform an inspection to determine if one or more material issues exist that will have a detrimental effect on the value of a home. A survey lists all of the distinct characteristics about a home. In Florida, these surveys are performed by licensed surveyors. As part of survey creation, a licensed surveyor visits the property and records certain inf[...]