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Senate Bill 264: Florida Real Estate Transactions Amidst New Regulatory Landscape

James White, GRI

May 24, 2023

Senate Bill 264: Florida Real Estate Transactions Amidst New Regulatory Landscape
On July 1, 2023, Governor Ron DeSantis signed Senate Bill 264, known as the Interests of Foreign Countries Act, transforming the regulatory landscape of real estate transactions in Florida. This unprecedented legislation limits and regulates foreign principals...
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Real Estate & Land Use

Brevard County Real Estate Market Analysis for April 2023

James White, GRI

May 17, 2023

Brevard County Real Estate Market Analysis for April 2023
As we delve into Brevard County, Florida's real estate market trends, April 2023 presents various developments. The data, which encompasses single-family homes and townhouses/condos, reflects certain buying trends, pricing, and inventory availability shif...
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Real Estate & Land Use

Brevard County Real Estate Market Shows Mixed Performance in Q1 2023

James White, GRI

Apr 26, 2023

Brevard County Real Estate Market Shows Mixed Performance in Q1 2023
The real estate market in Brevard County, Florida, has experienced some interesting changes in the first quarter of 2023, according to the Brevard County Residential Report. The report reveals that the number of closed sales for Q1 2023 was 2,471 units, a 9.9%...
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Real Estate & Land Use

Key Decisions and Public Input at the Brevard County Zoning Meeting on March 2, 2023

James White, GRI

Apr 26, 2023

Key Decisions and Public Input at the Brevard County Zoning Meeting on March 2, 2023
The County Commission meeting began at 5:03 PM, with Commissioners from Districts 1 through 5 in attendance. The Board of County Commissioners acts as a quasi-judicial body when addressing rezoning and Conditional Use Permit requests. Both applicants and oppon...
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Real Estate & Land Use

Florida Homebuyers Beware: 10 Tips for Identifying Common Home Defects

Florida Homebuyers Beware: 10 Tips for Identifying Common Home Defects
Identifying home defects before purchasing a property is crucial for several reasons, especially in Florida where there are specific concerns that homebuyers should be aware of. A home is a significant investment, and it is essential to ensure that it is struc...
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Real Estate & Land Use

Brevard County Real Estate Market February: A Closer Look at the Latest Trends

James White, GRI

Feb 3, 2023

Brevard County Real Estate Market February: A Closer Look at the Latest Trends
The Brevard County real estate market has seen its fair share of ups and downs in recent years, and the latest trends suggest that the market is continuing to evolve. In February 2022, the market saw a decrease in closed sales, new pending sales, and new listi...
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Probate Administration

Can a Mortgage Stay in a Deceased Person’s Name?

Can a Mortgage Stay in a Deceased Person’s Name?
Key Points:The general rule is that a mortgage may not stay in a deceased person’s name, however exceptions may apply.Generally, if a person dies, title will transfer. If title transfers, it invokes a due-on-sale clause.“Due-on-sale” clauses can be fought with...
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Probate Administration

Dispelling the Myths of Reverse Mortgages in Probate

Dispelling the Myths of Reverse Mortgages in Probate
IntroductionA reverse mortgage is a means for elderly homeowners to pull funds from equity in their home without the need to make regular mortgage payments.[1] In a reverse mortgage, the lender provides funds to the homeowner in lump sum or periodic payments, ...
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Wills, Trusts, & Estate Planning

Estate Planning for Same-Sex Couples in Florida

Estate Planning for Same-Sex Couples in Florida
LGBT couples and families face unique challenges in the probate process.In the LGBT community, the concept of a “chosen family” is prominent.[1] This is because members of the LGBT community are often estranged from their blood relatives and are less likely to...
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Probate Administration

Lost but not Forgotten: Lost Wills and How to Establish Them

Thomas Patricks

Sep 1, 2022

Lost but not Forgotten: Lost Wills and How to Establish Them
IntroductionA lost will is a will that a testator was known to have in their possession but cannot be found after they die.[1]In Florida, if a will is lost, the presumption is that the will was destroyed by the testator because the testator wished to revoke it...
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Real Estate & Land Use

Deed Fraud: Forgery, Damages & Remedies

Thomas Patricks

Aug 18, 2022

Deed Fraud: Forgery, Damages & Remedies
Under Florida law, a deed is a written instrument that creates, makes, grants, transfers, or releases an estate, a freehold interest, or an interest for a term of more than one year in, of, or out of any messuages, lands, tenements, or hereditaments.[1] Deeds ...
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Wills, Trusts, & Estate Planning

Understanding Testamentary Capacity in Estate Planning

Understanding Testamentary Capacity in Estate Planning
What is Capacity?Capacity is the ability of someone to make rational decisions, and thus be accountable for their actions. Individuals with capacity are people with the power to make important life decisions in the eyes of the law; those with capacity are lega...
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Corporate & Business

What Are Articles of Incorporation?

What Are Articles of Incorporation?
In the state of Florida, any new company that intends to incorporate must file articles of incorporation with the Florida State Department. These will establish the business as its own entity, be it a C-Corp, S-Corp, non-profit, or other corporate structure. O...
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Corporate & Business

Forming a Business in Florida: Choosing a Legal Structure

James White, GRI

Jun 26, 2022

Forming a Business in Florida: Choosing a Legal Structure
Starting and Forming a New CompanyThere is a difference between simply starting a business and building a foundation for a lasting enterprise. The fact that you have made it to this point means you are likely more interested in starting a new business or expan...
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Real Estate & Land Use

How Long Does an Eviction Take in Florida?

How Long Does an Eviction Take in Florida?
An eviction is a legal process of removing a tenant from the rental property with an enforced court order.Residential evictions can be stressful in real estate, especially when it’s on a residential level. In the real estate industry, there is always something...
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Wills, Trusts, & Estate Planning

What Types of Power of Attorneys Exist?

What Types of Power of Attorneys Exist?
A power of attorney is a legal document that names an agent to act on your behalf. This person, known as an “attorney-in-fact” or power of attorney, can be authorized to work in many different situations and act for one time or all the time. For example, you m...
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