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Structural Integrity Reserve Study Reporting Submission A you know condominium and cooperative associations are required to set up an online account with the Division of Condominiums, Timeshares, and Mobile Homes (CTMH). The DBPR portal will provide access to the Structural Integrity Reserve Stu...
Recent legislative updates bring several important changes for Florida cooperative associations under Chapter 719, focusing on financial transparency, safety, and accountability. Click here for a quick breakdown:
Two property owners were dealing with owner-association problems related to tenants in their units. Learn how Michael Goldstein from PeytonBolin helped these clients avoid severe penalties. Key takeaways: Owner 1 faced an amended complaint from the association which brought up a former compla...
Here's how PeytonBolin helped an association after a resident pointed out obviously deteriorated rebar on concrete balconies. Key takeaways: A condo association was dealing with deteriorated rebar on its concrete balconies. This created insurance and other problems, and residents had to vaca...
Having an attorney complete the review for you ensures you understand the document and everything it contains. Key Takeaways: Residential lease agreements contain a significant amount of information Understanding your rights and responsibilities is essential Some legal language can confuse...
Knowing what's on a commercial lease and what its provisions mean can lead to better outcomes for business owners. Key Takeaways: Commercial leases can be complicated These documents include information on rent, deposits, property use, repairs, and obligations Receiving professional legal ...
Having a legal professional assist with the closing process provides peace of mind when buying property. Key Takeaways: Buyer representation can streamline the property-buying process The service includes title searches and coordination This results in greater peace of mind when buying a p...
Speaking with a real estate attorney ensures your purchase goes as smoothly as possible. Key Takeaways: Legal consultation is available for real estate buyers and sellers A lawyer will ensure you understand the transfer process This attorney can also identify and solve potential issues P...
You can complete the title search yourself – or you can hire a professional firm to handle the job for you. Key Takeaways: Performing a title search ensures the seller owns the property you're buying It also looks for liens, easements, unsettled debts, and other potential issues Failing to...
Learning how the IRS handles these ownership transfers ensures you aren't surprised when you owe the government after giving property to a family member. Key Takeaways: Quitclaim deeds are best used to transfer property between family members This transfer is a taxable event in many scenario...
Understanding how the documents are similar and different assists as you navigate the loan process. Key Takeaways: Your loan might come with a loan agreement or promissory note Promissory notes are typically more informal Loan agreements are more complex documents that outline specific ter...
Your closing disclosure forms explain the details of your home loan, so there aren't any surprises. Key Takeaways: Closing disclosure forms are required by federal law They put the loan's essential information into more straightforward language The paperwork is split into five pages Unde...
Discover how these documents compare and how they influence internal operations and external interactions. Key Takeaways: Bylaws apply purely to corporations Operating agreements are solely for limited liability companies (LLCs) These documents share core similarities but also significant ...
Learning what each lease type entails is essential before entering an agreement Key takeaways Commercial leases are different from residential leases Your lease could have numerous terms and stipulations Understanding what the various commercial lease types entail is important An attorne...
The closing process is the last phase of any real estate transaction. These steps can make closing on a real estate transaction a little easier. Key Takeaways: Closing a real estate transaction is the last phase of the property ownership process In Florida, the closing process involves sever...
Are you in the process of conducting a title search in Florida but don't know what to expect in the report? Here is what a title search in Florida includes. Key Takeaways A title search report outlines the history of a piece of real estate and any outstanding issues that could affect ownership...
The requirements for forming an LLC in Florida are surprisingly simple. Key Takeaways: Florida is home to 2.5 million small businesses The LLC is the state's most popular business structure LLCs offer legal protection and tax flexibility Starting an LLC requires five simple steps Florid...
If you aren't familiar with title searches, you may not know what to look for when you're given one. Here's what to know about them (and what to watch out for when reviewing one). Key takeaways: Title searches are necessary for smooth property transactions. They track previous ownership to ...
An LLC operating agreement is a legal document that outlines ownership and member duties, helping your business avoid conflicts in the future. Here's what else to know about it. Key takeaways: An LLC operating agreement is an important company document. These agreements vary based on industr...
A lease is a lease, no matter which type of property it is for. There are key differences between a residential and commercial lease, though. Here's what to know. Key takeaways: Residential leases occur between property owners and residents. Commercial leases happen between landlords and bus...
Appointing a power of attorney ensures your bills are paid and money owed to you is collected if you're unavailable or incapacitated. Here's what else to know about how having one can help you. Key takeaways: A power of attorney document grants someone else control over specific aspects of you...
Lenders will require a title search when giving you a mortgage, and the title must be clean for a real estate transaction to move forward. But are they always necessary? Key Takeaways A title search is necessary before a lender approves a mortgage You need a title search to avoid unnecessary...
Despite their ease of use, quitclaim deeds have some issues you should know about before utilizing them. On the surface, quitclaim deeds are a simple way to transfer property from one person to another. These documents are relatively simple to fill out; your attorney only requires some basic info...
We delivered lots of great blog content about the real estate market and buying/selling processes in 2021. Check out our best blogs of the year when you're looking for answers to real estate questions. 2021 was a big year for real estate, and PeytonBolin focused on answering your most pressing qu...
A real estate power of attorney is a powerful document in Florida. Here's everything you need to know about them and whether you need one. Key Takeaways Anyone can use a power of attorney in real estate transactions A real estate power of attorney should meet all of Florida's legal requireme...
The PeytonBolin team is here to help. We handle real estate matters but if you need another type of attorney, we will do our best to point you in the right direction with referrals.
