Law Office of Kimberly A. Abrams & Associates, P.A.
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Real Estate Transactions Archives

FL residents win court case against high condo association fees

Condominium associations are commonplace in Florida. These associations can offer residents the comfort of community amenities and take care of many landscaping needs … for a price. Condominium association fees range depending on the community. Lawmakers have passed laws to help guide these associations and better ensure residents are protected from the potential for unscrupulous condo associations.

Can a buyer or seller get out of a real estate contract?

Purchasing or selling a piece of real estate is often an individual or family's largest financial transaction. Since so much is on the line, frustration can run high for both parties if the transaction does not move forward. Whether a new job, financial problems, health issues or a change of heart are to blame for either the seller or buyer attempting to back out of the deal, both parties can benefit from a basic understanding of remedies for each party when one attempts to cancel the contract.

FL man thought he got a villa, only got 1 ft of land: 3 takeaways

The man thought he was getting the deal of a lifetime. He put in a bid for just over $9,000 to get a villa. He won…or so he thought. Upon further review it turns out he did not get the villa. Instead, he is now the owner of a plot of land that is approximately one foot wide and runs 100 feet long.

Real estate underwriting: The basics

Real estate underwriting can provide a valuable advantage for those who are looking to purchase real estate. Individuals looking to purchase a home or businesses looking to purchase property as part of a business venture will likely go through the underwriting process. This piece will provide some basic information about what the process is and how it works.

How will Florida’s new notary law impact home sales?

Florida lawmakers recently passed a law that could increase investment in the real estate market. The law, available here, allows for online, remote notarization. Those who are interested in purchasing property will no longer need to be in the state to get the documents notarized. The transaction could potentially be finalized completely online.

Florida real estate and taxes: Did the new law change things?

President Donald Trump’s piece of tax reform, the Tax Cuts and Jobs Act (TCJA), went into effect on 2018 tax returns. As a result, agencies are starting to gather and analyze data on the impact of the law. One specific area of concern: did the new tax law impact the housing market?  

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