Spring is traditionally the hottest time of the year for real estate. Inventory typically spikes as many sellers put their properties for sale. Buyers enter the market knowing that inventory is increasing. But that has changed some this year with the coronavirus in full effect. ...
A few weeks ago, my partners, Jennifer Drake, Steve Mezer, Jon Polenberg and Patrick Howell and myself, held a webinar, A Multi-Disciplinary Look at Force Majeure in the Age of COVID-19. After the webinar, I had the opportunity to review the questions that came in...
Section 252.363(1)(a), Florida Statutes, provides that certain qualifying permits and authorizations are eligible for an extension once certain States of Emergency are declared for the length of time the declaration is in effect plus an additional six (6) months. A written request for such an...
This month's Attorney Spotlight introduces you to the Chair of Becker's Real Estate Practice Group, Philip C. Rosen. His practice is focused on commercial and residential real estate matters and business transactions. With more than 16 years’ experience, he has counseled countless clients through the life...
The House of Representatives passed two bills in early March that supporters hope will encourage affordable housing development. HR 4351, the Yes in My Backyard (YIMBY) Act and HR 5931, the Improving FHA Support for Small Dollar Mortgages Act, both passed the House on voice...
This is an unprecedented time in our country and in the world. The coronavirus (COVID-19) has shut down large swathes of the economy, with its most direct impact being felt on places where people congregate and socialize. Restaurants and bars are especially feeling the heat,...
On Monday, March 30, Broward County issued Executive Order 20-04 (effective Tuesday, March 31) to clarify the types of real estate sales and real property title services that are allowed to occur in-person as opposed to remotely or electronically. Per Executive Order 20-04, in-person appraisals, inspections, surveys, or other in...
As most of us have adjusted to the new reality brought on by the coronavirus (COVID-19), developers and lenders are forced to look at the resulting economic shut down on ongoing real estate projects. When this virus first started making the news late last year,...
As discussed in our earlier post dated March 20, 2020, Section 252.363(1)(a), Florida Statutes, provides that certain qualifying permits and authorizations are eligible for an extension once certain states of emergency are declared for the length of time the declaration is in effect plus an additional six...
The Florida Association of Realtors (FAR) has recently come out with a new extension Addendum for COVID-19. Below is a summary of the Addendum and how it can be used when amending the “As Is” Residential Contract. Any questions please feel free to contact us. 1....