Commercial real estate refers to a building or land designed to generate profit from capital gain or rental income, such as a storefront, apartment complex, office building, mall, etc. Commercial real estate transactions can be must more complicated than residential real estate transactions. Hiring a Florida commercial real estate attorney is essential. Always have a...
Category: Commercial Real Estate
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Short-Term Lease Agreements
What Is a Short-Term Lease? Short-term leases and rental agreements are usually less than six months and run on a month-to-month contract. A month-to-month rental agreement may or may not be renewed at the end of each month. Sometimes, renters will even offer a weekly rent agreement, or even less, usually for vacation rentals....
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Hire licensed contractors
With a shortage of contractors and lots of repairs after Irma, it may be tempting to hire whoever you can find to fix your house. However, be aware of scammers posed as licensed contractors willing to do repairs and construction. The elderly are more prone to these scams due to lack of mobility and other...
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Climate Change & Miami Real Estate
Regardless of its causes, climate change poses real problems for Florida businesses. When it comes to sea level rise, Miami is the 9th most at-risk city in the world. (Source: OECD) The cost of keeping the iconic south Florida city above water is expensive. Flood-prone Alton Road in Miami Beach is currently undergoing a $400 million...
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What is a property lien?
A property lien is a notice on a property from a creditor claiming the owner of the property owes them money. If you are the buyer of a house and a title search is not done, or not done correctly, you could end up buying a house with a lien on it. Thus, taking on...
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Post-hurricane assessment issues
Commercial leases are different than residential agreements. Boyer Law Firm, P.L. handles the leasing, purchases, sales, and disputes that come with commercial real estate transactions. For Tenants When drafting a commercial lease, it’s important to stipulate who is responsible for damage due to natural disasters. After Hurricanes Harvey and Irma, businesses in southeastern U.S. are...
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Rebuilding after Irma & Harvey
Florida is beautiful, but it is also very vulnerable. While we don’t have state income tax, it’s expensive for Florida businesses and individuals to recover from a natural disaster. Citigroup estimates the economic damage from Hurricane Irma is about $50 billion, which is much lower than pre-storm estimates. Although most Floridians made it through the storm...
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Can the buyer pick the closing agent?
Although there is no law regarding who picks the closing agent in a Florida real estate transaction, it is customary for the Seller of the property to choose the Florida Closing Agent. It is also customary for the party who chooses the closing agent to pay the “closing costs,” such as the deed recording, the...
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Real Estate Law: The Basics
Real Estate law is usually state-specific. A standard form will not provide the type of Florida-specific language you need to make sure your rental agreement is legal and in your favor. At a minimum, if you must use an online template, take it to an experienced attorney to review and finalize it with you. If...
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Terminating a Commercial Lease
The Lease Agreement In any landlord-tenant relationship, the most important document is the lease agreement. The lease agreement is the contract between the landlord and tenant that lays out the terms of the lease. These terms include payment, duties, liabilities, utilities, renewal, conditions, and termination. To be enforceable, the contract must be signed by both...