Florida Commerical Leases /Rental Agreements -In a recent post, we discussed 'Go Dark ' clauses and how they can affect commercial tenants and landlords. We explained that these clauses allow a tenant to cease operations without losing commercial space. As beneficial as this might be for tenants, it can cause headaches for commercial landlords who know that closed businesses can be bad for nearby businesses.
Here's a quick and dirty summary of the new estoppel certificate laws for Condominiums and HomeOwner Associations. Estoppel certificates used to be referred to as 'estoppel letters.' Associations need to be complying with these detailed new requirements, there can be serious penalties for failure to do so.
REAL ESTATE DISPUTE? [Edited May 1, 2017]
The recent hurricane that swept through Florida left in its wake millions of people without power; people were stranded in flooded, destroyed homes; some are dealing with serious injuries and missing loved ones.
Many people are aware that, in 2013, the Florida legislature shortened the period within which a lender must start a suit for the mortgage deficiency from five years to one year. What is a 'mortgage deficiency?' This is essentially defined as the amount a court determines is the difference between the value of the real property at the time it is sold and conveyed by the Clerk after the entry of foreclosure judgment and the total amount owed on the mortgage at that time.
While economic indicators point to continued growth in Naples, many of our readers know that business stability and growth are often directly related to location, business neighbors, automobile and foot traffic and of course, to terms of the governing commercial lease. While these factors don't fit neatly into government economic forecasts, they can make all the difference to hard-working entrepreneurs who have their boots on the ground in the fight for business survival.
Commercial leasing in Florida - Are you a landlord or tenant of a business lease? Municipal governments across Florida just scored a touchdown, but state legislators dropped the ball big time. Recent legislation hurts, rather than helps, Florida businesses -- especially start-up enterprises and small businesses paying commercial rents.
As the above-cited overview says, "Many people lack a clear understanding of easements, and the numerous legal problems that can arise" when they become an issue in YOUR real estate.
Commercial Leasing in Florida:
Florida Homestead is a far reaching protective shield enshrined in the Florida Constitution and implemented in various state laws. It's also given preferred status by Florida courts. When do you need a Florida litigator to stop a creditor levy? When do you need to bring a court action to challenge penalties sought by a county tax collector? When do you need a probate action to a carve a homestead property out of a will? When can you challenge a conveyance (deed or mortgage) given by a spouse? When can you contest a devise in a will where the decedent left a spouse and/or minor children?