On May 8, 2023, Governor Ron DeSantis signed into law Senate Bill 264, creating Part III of Chapter 692 (692.201-692.205) of the Florida Statutes “Conveyances to Foreign Entities”. This new law goes into effect on July 1, 2023 and places substantial prohibitions on foreign citizens...
It is no secret that with the influx of new residents who moved to South Florida during the pandemic, landlords have drastically increased rents – in some instances close to 50 percent from the prior year. This has created what Miami-Dade County Mayor Daniella Cava...
Answer: It depends! Section 18F-Time is a commonly misinterpreted section of the FAR BAR Contract. Calendar dates are used to compute the critical dates of the contract. If a deadline falls on a calendar date that is not a weekend or national holiday, the deadline expires at...
It is no secret that the real estate market in South Florida is booming, but how has the surge in home values affected how residential properties are appraised? I asked appraiser Richard Pyle, who has served the Florida market for more than a decade, to...
Answer: It depends! Section 18F-Time is a commonly misinterpreted section of the FAR BAR Contract. Calendar dates are used to compute the critical dates of the contract. If a deadline falls on a calendar date that is not a weekend or national holiday, the deadline expires at...
It is no secret that the real estate market in South Florida is booming, but how has the surge in home values affected how residential properties are appraised? I asked appraiser Richard Pyle, who has served the Florida market for more than a decade, to...
Just months prior to the pandemic, the title and legal industry made some tremendous strides toward virtual closings. Florida’s remote online notarization (“RON”) law, passed in July 2019, went into effect January 1, 2020. Normally, new technology takes time to implement; however, lockdown/quarantine requirements allowed...
On Monday, March 30, Broward County issued Executive Order 20-04 (effective Tuesday, March 31) to clarify the types of real estate sales and real property title services that are allowed to occur in-person as opposed to remotely or electronically. Per Executive Order 20-04, in-person appraisals, inspections, surveys, or other in...
The Florida Association of Realtors (FAR) has recently come out with a new extension Addendum for COVID-19. Below is a summary of the Addendum and how it can be used when amending the “As Is” Residential Contract. Any questions please feel free to contact us. 1....
It’s still business as usual, albeit remotely, here at Becker and Association Title Services. Our team is diligently working to close each transaction in a timely manner utilizing the latest technology and our vast resources. Interest rates are lower than ever and it is a...