Questions asked by the public about Florida law.
An Affidavit of Title is a sworn statement that describes the ownership history of a piece of property.
In a double net lease the tenant pays rent plus the property taxes and insurance, while the landlord remains responsible for major repairs and maintenance. It is most often used for commercial property.
In a full-service gross lease the tenant pays one monthly rent that covers utilities, taxes, insurance, and common area maintenance. The landlord maintains the property, so the tenant carries only its own expenses.
Percentage leases are common in the retail industry. They are typically used when tenants operate a business in a space they do not own.
A Triple Net Lease is a net lease where the tenant is responsible for the property taxes, building insurance, and standard area maintenance (CAM) charges in addition to the base rent.
Tenancy in common lets two or more people own a property together, each with an undivided interest in the whole. An owner can leave their share to anyone by will, and the property need not be sold when an owner dies.
A Florida Ladybird Deed lets a homeowner name a beneficiary to receive the home at death while keeping full control and homestead protection during life. The property passes to the beneficiary without probate.
