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Recent Blog Posts

Top Reasons To Get Title Insurance

 Posted on December 23, 2024 in Real Estate

Fort Lauderdale, FL real estate lawyerAs exciting as purchasing real estate can be, it can also be stressful. In addition to the financial output, there are significant legal hurdles to cross before closing. A property’s title represents ownership of a property, and one of the legal issues that must be addressed involves ensuring that there are no defects with a property’s title.

That is where title insurance can be incredibly valuable. Title insurance protects homebuyers from financial losses if there is a defect in the title. A Fort Lauderdale, FL attorney can help you obtain title insurance and tackle any title defects that arise. 

How Does Title Insurance Work?

Getting title insurance protects you against any issues with the property’s title that existed before you purchased the insurance policy. Unlike other types of insurance, you make a one-time payment for title insurance. If you later find yourself in a title dispute, title insurance can provide you with a legal defense. Some of the types of defects covered by title insurance include:

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Legal Considerations for Florida Businesses Expanding Internationally

 Posted on December 12, 2024 in Business Law

Oakland Park, FL International Business Law LawyerBusinesses that wish to expand their operations or customers internationally face unique legal and compliance challenges. Alongside the business preparations for international expansion, companies should ensure that they take into account the legal requirements needed to operate abroad. An experienced Broward County business law attorney can discuss the legal implications of an international business expansion and help businesses prepare for this exciting step.

Legal Operations and Corporate Structure

The first thing you should do when seeking to expand internationally is ensure that you comply with basic corporate requirements. If you are only making sales in another country, you may not need to think about setting up legal operations to comply with that country’s laws. If you are seeking to expand beyond that, however, you should consider the proper corporate structure for operating in that country.

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What to Know When Negotiating Construction Loans

 Posted on December 05, 2024 in Business Law

Broward County, FL construction loan lawyerIn big news for the South Florida real estate market, real estate heavyweights Related Group and Dezer Development secured a $307 million construction loan, which will be used to finance a new 92-unit oceanfront development. The real estate developers secured the loan from an affiliate of New York’s Apollo Global Management.

Rosewood Residences, as the project will be called, is nearly 50 percent presold. The developers secured city approval to build the project shortly after receiving the loan.

For commercial construction development projects such as this in South Florida, one of the crucial steps is negotiating and obtaining the construction loan, whether from a bank or a private lender. An experienced construction project financing attorney can assist you in negotiating a construction loan to finance your development project.

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When to Choose Debt vs Equity Financing for a Business Venture

 Posted on November 29, 2024 in Business Law

Broward County, FL business law attorneyWhether just starting out or seeking growth, businesses may from time to time need to raise capital. To do so, companies will turn to one of two financing sources, both with their advantages and disadvantages: debt and equity financing.  A qualified business attorney can represent businesses seeking debt or equity financing.

What Is the Difference Between Debt and Equity Financing?

In debt financing, a business takes on loans to finance its operations and must repay the debt. Equity financing refers to raising money by exchanging ownership shares. There is no repayment obligation with equity financing.

What Factors Influence Whether to Choose Debt or Equity Financing?

When thinking about whether debt or equity financing is the right choice for your company, you will need to consider factors including your company’s:

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Common Condominium Homeowners Association Disputes

 Posted on November 22, 2024 in Real Estate

Fort Lauderdale, FL condominium association dispute lawyerOwning a Florida condo as either a residence or investment property can be a great personal and financial decision. While the homeowner’s association (HOA) keeps condominiums running smoothly, tenants and owners are also subject to the HOA’s rules and regulations, as well as to Florida condominium association law. Even in the best-run condominiums disputes can sometimes arise, and an attorney experienced in the Florida Condominium Act can provide advice on common HOA disputes. 

Financial Impropriety

Disputes about financial impropriety relate to concerns that the HOA improperly commingled funds, mishandled money earmarked for repairs, or engaged in fraudulent behavior. Financial mismanagement is a serious issue that can negatively affect condo residents. 

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A Landlord’s Guide to Hurricane Damage 

 Posted on November 14, 2024 in Real Estate

Broward County, FL attorney for landlordsIf you live in Florida, you know that as wonderful as it is to live in paradise, hurricanes are a significant and often costly downside. The 2024 Atlantic hurricane season so far has brought 17 named storms, including 11 hurricanes total and five major hurricanes. Hurricanes Milton and Helene caused significant damage in Florida.

Landlords in Florida are particularly vulnerable to the property damage and financial issues with tenants that hurricanes can cause. Considering this ongoing threat to Florida landlord property, your Florida real estate attorney can advise you on your rights as a landlord after a hurricane hits.

Preparing for a Hurricane

The old saying that an ounce of prevention is worth a pound of cure is as true as ever when it comes to preparing for hurricane season as a Florida landlord. Some things to keep in mind as you prepare your property for hurricane season, particularly as you draft or review your lease, are to:

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Estate Planning for Multinational Residents

 Posted on November 06, 2024 in Business Law

Oakland Park, Florida Estate Planning LawyerFlorida is home to a large community of international individuals and families who often have assets abroad. Likewise, expats living outside the United States often have both financial and personal ties to the country. International investors and residents in Florida should consider estate planning with Florida state laws in mind. For these global and international families, there are special legal, personal, and financial considerations to take into account when making their estate plans.

Failure to take into account international estate planning considerations could lead to negative consequences, such as assets going to the wrong beneficiary and unnecessary taxes. Multinational residents should speak to an international attorney with experience working on cross-border issues when crafting an estate plan.

There are a number of scenarios where international estate planning issues arise, including:

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Key Mistakes to Avoid With Your Employee Handbooks

 Posted on October 31, 2024 in Business Law

Fort Lauderdale, FL business lawyerAs a Florida business owner, you likely already know that strong, user-friendly employee handbooks are a crucial element of your company’s best practices. It is important to ensure that your employee handbook contains essential provisions to comply with employment law and protect your company against employee actions, such as employment policies, a code of conduct, and information about compensation and policies. 

While knowing what to include in an employee handbook matters, you should also know the key mistakes to avoid with your employee handbook. A qualified and experienced attorney can advise you about mistakes to avoid with your employee handbooks. 

Not Making It User Friendly

While employee handbooks are written primarily to protect employers and comply with the law, they are a tool for employees. Employees will turn to your company’s employee handbook to familiarize themselves with company policies on anything from sick leave to the company’s harassment policy. Write employee handbooks in a user-friendly, easy-to-understand tone that will be understandable for employees across your company. Avoid including complicated legal terms and instead, stick to simple and clear language. Make sure that you address issues and areas relevant to employees such as the company’s PTO and family leave policies (if any), as well as relevant state and federal employee protections. 

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Strategies to Protect Your Florida Business From Liability 

 Posted on October 22, 2024 in Business Law

Broward County, FL business lawyerRunning a business can be extremely rewarding both personally and financially, but it does have its challenges. One of the most stressful and potentially financially  problematic aspects is the exposure to lawsuits that naturally arises while doing business. However, there are several ways to guard against litigation and its financial effects, whether it comes from customers, employees, or regulatory agencies, and to protect your business’ assets in the event your business is sued. An attorney can advise you on mechanisms you may put in place to protect your business, including some we discuss in this post.

Legal Compliance 

Ensuring your business complies with all applicable legal requirements can protect your business from liability. This involves monitoring local, state, and federal laws and regulations related to areas such as employment, intellectual property, and your premises.

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Top Florida Foreclosure Defense Strategies

 Posted on October 17, 2024 in Real Estate

Oakland Park, FL foreclosure defense lawyerIt can be a scary prospect when a lender brings a foreclosure action on your home. However, there are several important defenses to a Florida foreclosure action and a qualified Florida attorney can advise you on the defense strategy that is relevant to your foreclosure case.

What is a Foreclosure Action and Defense?

If you stop making payments on their loan, which can happen when facing financial difficulties, a lender can file a foreclosure action to force the sale of the property. A foreclosure is a judicial action in court, and, as a homeowner, you will have an opportunity to defend yourself against a foreclosure action by using a number of defenses in court. There are also legal options to defend your foreclosure outside of the court process. 

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