Articles Posted in Real Estate Transactions

The current Geographic Targeting Order (GTO), issued by the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of Treasury, is set to expire this Friday, November 16, 2018.  In essence, the GTO provides that when a buyer uses a corporate entity (such as an LLC) for cash purchases of residential real estate […]

All too often, a client will present a contract proposal to me (design services for an improvement project, internet and television bulk services agreement with a national service provider, elevator service and maintenance agreement for a high-rise condominium building, and so many more) from the selected company and ask, “Can you please review this contract […]

In this first entry in a series of posts providing 2018 legislative updates, we discuss changes affecting the day-to-day record keeping of condominium associations. HB 841, which became effective on July 1, 2018, has various profound impacts relating to official records. Website Requirements and Notices HB 841 extended the deadline for compliance with various condominium website […]

As I discussed in Part 1 and Part 2 of this series, buying a condo requires a different kind of diligence than buying a single family home, because you’re going into business with strangers. You need to review documents that will clarify how the condo building is run and what rights you will have in deciding how […]

As I discussed in Part 1 of this series, when you buy a condo, you’re essentially going into business with strangers, thus, before you close on the purchase, you need to review certain documents to get a better understanding of how the condo building is run. For instance, you should review the condo association’s governing documents […]

As an attorney who has worked on both the buyer and seller sides of real estate transactions and understands the inner workings of high-end condominium associations in South Florida, I have key insight into unique considerations that buyers should weigh before closing on a condominium property. The concept of and rights associated with condo ownership […]