Homeowners associations (HOAs) have rules. Before buying property, HOAs generally give potential homeowners a copy of these rules. These rules can include landscaping guidelines, rules regarding the use of pool and other common areas and even parking regulations within the community. The HOA requires those who live within the community to abide by these rules.
Real estate contracts are complex. Each provision can have a huge effect on future issues and a failure to properly review and negotiate provisions during a sale can result in unforeseen consequences. The property owner who finds themselves with a defective piece of real estate may experience the full impact of these provisions after the purchase is complete.
A small city near Tampa has cracked down on property owners who violate laws and regulations designed to “protect the integrity of neighborhoods and quality of the community.” The laws can regulate everything from how long a property owner’s grass can grow to when and what type of vehicle can be parked in the driveway or on the neighborhood street.
The real estate dispute involves an international telecommunications company and a local company with beach property. The local company states the telecommunications company is illegally using its beach property by placing underwater cables across its beaches. Lower courts agreed with the local company and granted it a writ of possession. This is a legal term that essentially means the telecommunications company must return possession of the land to the local business.
A failure to properly communicate can result in issues during real estate transaction negotiations, frustrations after closing and confusion in the event of a foreclosure. Certain regulations and laws are present to better ensure proper communication during legal transactions.
Fraudsters recently scammed a Florida couple out of $46,000 in a title dispute. The couple lost the money when they wired the funds as allegedly instructed by their real estate agent. Unfortunately, the real estate agent’s account had been hacked and the hackers were able to divert to the funds.
Sellers may believe a real estate transaction is essentially complete once they accept a buyer’s offer. Unfortunately, obstacles can present themselves between the time of the accepted offer and the end of the closing meeting that result in significant delays or even termination of the deal.
The panhandle of Florida is known for its pristine beaches and emerald coastline. Vacationers and property owners alike enjoy these beautiful beaches. Many pay a premium to stay at resorts along this coastline or own private property in the area.
Florida offers some of the most beautiful real estate in the country. Sandy beaches with ocean views, big city condos with all the amenities — you name it, you can probably find it Florida.
Real estate disputes can arise for many reasons. One example involves the question of commission. Real estate agents that partake in the buying or selling of a property can receive a commission as stated within their contract. Although this seems like a fairly straightforward matter, there are situations when a real estate agent’s “assistance” in the transaction is a bit of a grey area.