How Does Florida Handle Property Division In a Divorce?

One of the more contentious issues in a divorce is the division of property between soon-to-be ex spouses. This potential conflict is amplified when it comes to larger assets, such as vehicles, houses, and real estate. Before we cover property that is to be divided in a divorce, referred to as “marital property,” it is good to clearly define the term.  What is Marital Property? Any property or assets that are Read More

3 Things Landlords Can Do to Reduce Evictions

Contrary to public image, landlords do noy enjoy evicting tenants. You know this as a landlord;  you also know that an eviction hurts you in addition to causing pain and stress for your tenants. With the rate of evictions rising in the U.S., landlords are starting to take more proactive steps to cut down on instances. While an eviction every now and then is unfortunately inevitable, there are steps you can take and Read More

A Brief Overview of Quitclaim Deeds

Not all deeds are created equal. Depending on your circumstances, you might be in possession of a general warranty deed, special warranty deed, deed of trust, or master deed, to give a few examples. This blog will focus on what are known as quitclaim deeds, which are somewhat-informal documents that can be quickly transferred from one entity to another.  Deed Definition To preface, a “deed” is a legal form or Read More

3 Reasons Why a Divorce Might Become Contested

Of the two major types of divorce—contested and uncontested—contested is the type which will drag on the divorce process for months, and even years. There is also a much greater chance of heartache and hard feelings during a contested divorce than its counterpart. A contested divorce is simply a divorce proceeding in which the spouses cannot come to an agreement on one or all issues of the divorce. Because divorce is Read More

Explaining the Warranty Deed

You are likely familiar with the term “deed” as a designation of ownership over certain types of large assets, like cars and houses. What’s not as widely known is the different types of deeds available to purchasers. A deed is a valid, legal instrument that officially conveys (transfers) ownership of property from one party to another party. One or more parties can be considered a business, estate, or trust, in Read More

Common Chapters of Bankruptcy

Depending on your income, amount of debt, number of creditors, and whether or not your dire financial straits involve a business or corporation, you will be considering different types of bankruptcy filings. The most common type of filing is Chapter 7 bankruptcy, followed by Chapter 13. Chapter 7 and Chapter 13 filings are known as personal filings and are the most accessible types for individuals in distress over Read More

Understanding Setbacks

Before you break ground on a structure, there will be a long checklist of things you need to take care of to ensure a smooth building process. If you are truly prepared, one of those things will be to double-check that your new home or office does not encroach on the setback zone as established by the applicable municipality. If you are not familiar with this term and how it affects your property, we explain what you Read More

Florida Real Estate Law: The 1031 Exchange Process, Explained

One of the most under-utilized sections in the Internal Revenue Service tax code is Sec. 1031 – perhaps due to its complexity. The truth is that if you want to avoid paying hundreds of thousands of dollars in capital gains taxes from the sale of a property, you should take a good look at this code. The provision allows you to, essentially, swap one investment property for another. However, there are several Read More

5 Ways a Landlord Should Ensure Habitability of a Living Space

A landlord’s responsibility does not end at completing the construction of the building and installing the basic utilities. Under landlord-tenant law, the landlord’s obligation extends to ensuring that the building is habitable for its occupants during their stay. Of course there are certain limitations to this obligation. It would be unreasonable, for instance, to expect a complete roof reinstallation just because Read More

5 Common Shareholder Disputes

Shareholder disputes are a serious concern that can bring your business to its knees. When you get into a disagreement with your partner(s), it can affect the ongoing performance of the business. It can ruin your reputation and cripple your ability to deliver goods or services as efficiently as possible.  If the dispute is not successfully resolved, it can cause permanent damage to your brand and even result in your Read More

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