By; Mac Ross, Esq., Law Office of Kyle Felty. P.A. We have all seen the executive order put in place by Governor DeSantis on April 2nd, 2020 essentially suspending actions for evictions of Floridians with residential tenancies, and foreclosures on residential mortgages, Executive Order Number 20-94. But how does it affect Florida Borrowers, Renters and [...]
By; Mac Ross, Esq., The Law Office of Kyle Felty, P.A. As the nation moves toward what it hopes is the downslope of the Covid-19 global pandemic curve, its effect on commercial real estate and landlords and tenants has not yet reached its peak. Orders to shelter in place have sent employees home, and non-essential [...]
Escrituras: En el Estado de Florida se usa la escritura de propiedad para la transferencia de bienes raíces. La oficina legal de Kyle Felty, P.A., puede ayudarle con la transferencia de su propiedad. Uno de nuestros abogados le asistirá en determinar el tipo de escritura apropiada para sus circunstancias. Tenga en consideración proveer la dirección [...]
Understanding Property Tax Prorations at Closing By: Alison Siegelstein, Esq. Besides many of the typical closing costs, buyers and sellers must consider at the time of closing, one of the most common items that people have questions about remains property taxes and how they are prorated on the settlement statement. To understand how to read [...]
What are the Benefits of Florida’s Homestead Creditor Protection? By: Alison Siegelstein, Esq. One of the most valuable and strongest forms of asset protection available to Florida residents remains Florida’s Homestead protection. Homestead protection is written into Florida’s Constitution under Article X, Section 4. According to the Florida Constitution, “There shall be exempt from forced [...]
What is Title Insurance? By: Alison Meyer, Esq. Title Insurance is an insurance policy that protects a homeowner’s ownership interest in real estate. Generally, Title Insurance is purchased at the time of a real estate closing. A title search is performed in order to determine if there are any clouds on title that need to [...]
What is a Tenant Estoppel? By: Alison Meyer, Esq. A Tenant Estoppel is a document drafted by an attorney for the purpose of a tenant to certify the terms in their lease. When a landlord is selling a property or obtaining a loan on a property, either the buyer or the lender will require the [...]
What is the difference between a Note and a Mortgage? By: Alison Meyer, Esq. A note and a mortgage are documents that are usually part of a larger package of loan documents. Borrowers execute both a note and a mortgage in order to secure a lender’s interest in a loan. Although notes and mortgages [...]
What are the Benefits of Florida’s Homestead Tax Exemption? By: Alison Meyer, Esq. Besides beautiful sandy beaches and gorgeous weather, many people prefer to maintain a residency in Florida in order to receive the benefits of Florida’s Homestead Laws. One of those benefits provided by the Florida Constitution is the homestead tax exemption. Homeowners [...]