The Condominium Act (Chapter 718, Florida Statutes) requires a condominium Association to budget separate reserves for any item for which the deferred maintenance or replacement cost exceeds $10,000.00. These items include,...
Before we were hammered by Charlie and later storms, obtaining hazard and wind insurance coverage for residential real property was not much of a problem and purchase and sales contracts rarely addressed the issue. Now,...
What an honor—your parents have named you to serve as Personal Representative in their Last Wills and Testaments. Most likely, they have selected you because they trust you and believe that you will handle settling their...
For most of us, a mortgage assisted us in buying the house in which we live. Mortgages have also enabled many real estate investors to purchase investment property. Oftentimes, these mortgages obtained by investors have...
Within the past four years, Florida has experienced a construction boom. Whether it is reconstructing your home after hurricane Charley, renovating homes for investment purposes, or building your dream home for your...