Recently, the Florida legislature passed a new law that requires anyone selling residential property to disclose flood risks to a buyer at or before a sales contract is signed. Effective October 1, 2024, Florida Statute 689.302 mandates flood disclosures. It includes information regarding flood insurance, past claims, flood damage, and federal flood assistance. Given climate […]
Florida landlord tenant rights have changed in Miami Dade County. Learn how landlords may be affected by these new tenant rights.
Since Florida Supreme Court’s decision in Johnson v. Davis in 1985, Florida law has mandated that “where the seller of a home knows of facts materially affecting the value of the property which are not readily observable and not known to the buyer, the seller is under a duty to disclose them to the buyer.” However, Florida case law has muddied the waters […]
With all of the international investors purchasing condos and homes in South Florida, the question arises as to whether a person who is not a green card holder or a US citizen may claim the protections and benefits of Florida “homestead”. For a general overview of homestead please see our previous article here. Non-immigrants are […]
In real estate transactions, it is customary to issue a title policy to cover the buyer in case a third party claims an interest in the property after the property is purchased. Although it is not required by Florida law to obtain a title policy when you purchase a home, it is always recommended. And […]