No two commercial real estate transactions are the same. From one transaction to the next, the property in question, the seller’s needs and the buyer’s requirements will differ. But in each case, despite the differences, a non-disclosure agreement (NDA) should be...
Boca Raton Florida Legal Blog
Bidding for a government contract
The construction industry relies on government contracts as a secure source of revenue, and for many construction firms, public funding finances the bulk of their projects. And it is no wonder, as the U.S. Census Bureau estimated the adjusted annual rate of public...
How do lien waivers reduce liability?
In the Florida construction industry, the exchange of funds between all parties along the chain of production can be complicated, as each transfer usually comes with signed documents, called lien waivers, that ensure mutual protection between parties. Lien waivers...
Florida construction defect claims
Despite the challenges many business sectors have faced in the past couple of years, the same cannot be said for the construction industry in Florida and elsewhere. According to recent reporting, people of all ages continue to flock to the Sunshine State, and that...
Information that is needed in any commercial lease
Companies in Florida may go through an extensive process when they begin their search for a new location. Some will determine that it is best for the company to buy the property for their next space, but many will choose to lease their space. Companies will look at...
Contingency clauses in residential purchase contracts
Whether you are buying a starter home, moving to a larger residence or downsizing, the purchase or sale of a home is likely one of the biggest financial transactions a person will make. Therefore, it is important that buyers and sellers understand all the terms of...
Important elements in a real estate contract
A home purchase is one of the largest transactions most individuals will ever enter into. That’s why it is helpful to understand some topics that should be addressed in a real estate contract. Financing and costs Most people are not able to purchase a home in cash....
How old is too old for a construction defect claim?
Currently, if a person buys a new house in Florida and things in the house and property start to deteriorate, there is a 10-year time period in which the builder is considered responsible for fixing the problem. However, that time period may become shorter very soon....
How should you handle your renter’s abandoned property?
Those who own rental property in Florida have often have to deal with property that is left after their tenant has moved out. Usually this is just trash that the tenant doesn’t want, like old Tupperware, food, magazines, etc. When you’re just dealing with garbage, you...
Proposed laws may impact owners’ rights with construction defects
In Florida, one of the most costly and worrisome issues that homeowners face is if there are repairs that must be done. Obviously, for safety sake, it is a necessity to fix problems as they arise. However, when the damage or breakdown is a result of shoddy...