What is Due Diligence in Commercial Real Estate?

  WHAT IS “DUE DILIGENCE”? The purpose of a due diligence investigation is to enable the buyer to discover as much as possible about the property before he or she is obligated to buy it.  This includes discovering information that the seller may not want the...

City of Anna Maria Adopts Deadline for Harris Act Claims

The City of Anna Maria adopted a comprehensive Vacation Rental Ordinance (“VRO”) in April of 2015.  This VRO was challenged in court, and was subsequently amended a number of times by the City prior to the final version being adopted on November 19, 2015.  Amongst...

Homestead Exemption: What You Should Know

As we near the end of the year, now is the time for purchasers of new residences to consider the Florida homestead exemption and the many benefits it offers. To be entitled to receive a homestead exemption in 2017, you must be the owner of record of your property and...

Dodd Frank: Additional Pitfalls to Seller Financing

On July 21, 2010, the federal Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) became law.  Dodd Frank was passed in response to the Great Recession and introduced a series of new regulations aimed at reforming the financial...
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