Recent Posts in SELLER Category
Posted on Nov 7, 2022 By William G. Morris CMS
Florida’s legislature mandates non-developer sellers of residential condominiums provide certain condominium records to a prospective buyer if requested by the buyer under a contract to purchase ...
Continue reading "CONDO BUYERS SHOULD INVESTIGATE WHAT THEY DON'T KNOW" »
Posted on Oct 25, 2022 By William G. Morris CMS
Calling the local real estate market red-hot is like calling a bonfire a campfire. Properties can sell within hours of going on the market. Some properties sell for more than the listed price. ...
Continue reading "ESCALATION CLAUSES-BUYER AND SELLER BEWARE" »
Posted on Oct 28, 2021 By William G. Morris CMS
The rule of caveat emptor (let the buyer beware) applied to residential real estate sales in Florida until the Florida Supreme Court decided Johnson v. Davis in 1985. In that case, the Davises bought ...
Continue reading "BUYER INSPECTION RIGHTS ARE GOVERNED BY CONTRACT" »
Posted on Aug 10, 2020 By William G. Morris CMS
Florida's legislature has been concerned with condominium regulation for almost 50 years. Florida's first Condominium Act was adopted in 1963 and has been amended almost every year since. The ...
Continue reading "CONDO DISCLOSURE MANDATED IN FLORIDA" »
Posted on May 14, 2020 By William G. Morris CMS
Transfers of real property have been made for eons. It is possible even our caveman ancestors staked out claims to land. Modern ownership of real property is conveyed by a deed. Over the years, ...
Continue reading "DEEDS CONVEY REAL PROPERTY" »
Posted on May 8, 2020 By William G. Morris CMS
As government expands its reach, building permits have been one focus for that expansion. With the professed goal of protecting its citizenry, local governments have expanded the requirements to ...
Continue reading "BUILDING PERMITS MUST BE CLOSED" »
Posted on Apr 30, 2020 By William G. Morris CMS
Florida's legislature has made many efforts over the years to help condominiums collect assessments while not scaring off lenders. Lenders do not want to make loans secured by property that could ...
Continue reading "NOT EVERYONE HAS TO PAY CONDO ASSESSMENTS" »
Posted on Nov 19, 2019 By William G. Morris CMS
A lot of people moving to Florida start their new home search with condominiums. What could be better? Somebody else mows the lawn, cleans the pool and even maintains the building, There is an element ...
Continue reading "CONDO PURCHASER INVESTIGATION" »
Posted on Oct 15, 2019 By William G. Morris CMS
Sale price of real estate is not the only expense in a sale. There are a lot of expenses associated with buying or selling real estate and they can add up. Residential buyers and sellers are often ...
Continue reading "CLOSING COSTS" »
Posted on Sep 25, 2019 By William G. Morris CMS
Some people believe that all provisions in a contract must be strictly performed. Others have a laissez faire attitude. Both can be right, depending on contract language and circumstances. Real estate ...
Continue reading "SOME CONTRACT DEADLINES ARE FLEXIBLE" »
Posted on Aug 16, 2019 By William G. Morris CMS
Buying a home or investment property is not without risk. Buyers should be working with experienced attorneys, Realtors and other professionals to avoid anticipated problems. But, buyers often move ...
Continue reading "LEGISLATIVE PROTECTION FOR CONDO AND HOA BUYERS" »
Posted on Aug 5, 2019 By William G. Morris CMS
Real estate sale are a big part of Southwest Florida's economic engine. Investors, property managers, rental agents, sales agents and others all have an economic interest in real estate transfers. ...
Continue reading "SELLERS CAN BE FORCED TO CONVEY" »
Posted on Jul 31, 2019 By William G. Morris CMS
Most of the contracts used for residential real estate sales include provisions that allow buyers to inspect the property before consummating their purchase. Some contracts require the seller to make ...
Continue reading "THE AS IS CONTRACT MAY NOT BE AS IS" »
Posted on Jul 23, 2019 By William G. Morris CMS
Southwest Florida is a virtual mecca for residential real estate sales. Year round opportunity for outdoor activities, clean air and lower crime attract more people each year. Many that are here buy, ...
Continue reading "REAL ESTATE CLOSING DOCUMENTS EXPLAINED" »