The Four Unities of Joint Tenancy Explained
When multiple people want to own property together, the choice they often opt for is joint tenancy. This type of ownership is unique because it means that each co-owner holds an equal share in the property, and when one person passes away, their share automatically goes to the other joint tenants. ...
Latent Defect vs Patent Defect
Regardless of whether it’s a commercial property or a residential home, defects in said property can have significant legal and financial implications. These defects typically fall into two categories: latent and patent defects. They have implications for both buyers and sellers, as it can affect ev ...
What Are Liquidated Damages in Real Estate?
When you hear “liquidated damages,” it probably sounds like legal jargon that doesn’t concern you—but if you’re involved in a real estate deal, it’s something you should know about. Simply put, liquidated damages are a pre-agreed amount of money that one party will owe the other if something goes wr ...
How to Check for Open Permits on a House
Why Open Permits Matter Open permits can cause more than just a headache—they can drain your wallet and lead to legal troubles down the road. In Florida, open permits mean that the work done on a home was never officially approved by a building inspector. This can be anything from a kitchen remodel ...
Is it Possible to Get Compensation for Landlord Harassment?
Landlord harassment isn’t just an inconvenience—it’s a real problem that can make your life a living hell. We’re talking about landlords who cross the line, making it difficult for tenants to live peacefully in their homes. Whether it's constant badgering, cutting off essential services, or showing ...
What is a Bona Fide Offer in Real Estate?
In the real estate game, where every decision carries weight, there's one thing you can’t afford to overlook: the authenticity of an offer. When a buyer steps up with an offer on your property, you need to know it's serious—no games, no gimmicks. This is where the idea of a "bona fide offer" comes ...
What is the Lease Commencement Date?
In the complex world of commercial real estate, seemingly small details can have a big impact on the success of a lease agreement. Enter, the lease commencement date. At first glance, it might seem like just another date to note in the paperwork, but its implications ripple through the entire lease ...
What Happens If a House Is Damaged Before Closing?
How to Rent with an Eviction on Your Record
What is a Breach of Contract in Real Estate?
A contract for a residential lease or purchase spells out all the expectations and responsibilities of all parties involved. These documents aren't just formalities; think of it as a legal blueprint for the relationship between homeowners or landlords and tenants. Typical components of a Florida res ...