Recent Posts in CLOSING DISCLOSURE 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 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 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" »