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Florida Real Estate Transactions

Phelps Dunbar

Florida Increases Flood Disclosure Requirements for Property Sales

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The Florida Legislature passed Senate Bill 948, which expands Florida’s disclosure requirements relating to flooding. This law introduces significant changes to the flooding disclosure requirements that sellers of residential...more

Lowndes

From Cash to Crypto: Could USD Stablecoins Be the High Road for Florida’s Cannabis Industry

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Why Are Florida’s Cannabis Businesses Still Stuck in the Cash Age? In Florida, licensed medical marijuana businesses may be legal under state law, but under federal law cannabis remains a Schedule I controlled substance....more

Lowndes

Buying Distressed Real Estate in Florida: 6 Strategies Every Investor Should Know

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This article is the first in a multi-part series based on the Lowndes white paper, “Selling & Acquiring Distressed Real Estate in Florida.” Each installment will examine key legal and strategic considerations for acquiring...more

Lowndes

A Deeper Dive into Florida’s Statutory Definition of “Land” and Advanced Structuring Techniques

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Sequel to Land Condominiums: A Powerful Tool for Accelerated Development and Financing Flexibility - The enthusiastic feedback we received on our overview article confirmed a widespread appetite for drilling further into...more

Lowndes

Florida Repeals Sales Tax on Commercial Leases: 5 Things to Know Now

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Following our recent update on Florida’s repeal of sales tax on commercial real estate leases, we’re taking a closer look at what this change means for landlords, tenants, brokers, and property managers....more

Fleurinord Law PLLC

Diddy’s Miami Star Island Mansion and Florida Homestead Law: Does the Mortgage Pay-Off Shield Him After the Verdict?

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When Sean “Diddy” Combs paid off the $18.8 million mortgage on his lavish Star Island mansion in Miami, Florida, it wasn’t just a headline-grabbing move. The decision came at a time when Diddy faced mounting civil lawsuits...more

Carlton Fields

Florida's New Home Warranty Law Takes Effect July 1

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A new law requires builders of newly-constructed homes to provide transferable warranties for a minimum period of one-year beginning July 1. Originally passed during Florida’s 2024 Legislative Session, HB 623, entitled, “Home...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Condo Law Reform - What Florida’s HB 913 Means for Associations and Owners

In the wake of the 2021 Surfside Condominium collapse, Florida lawmakers enacted sweeping reforms to enhance safety, transparency, and accountability within condominiums and cooperatives. Most recently, Florida House Bill 913...more

Lowndes

Just Argued: Florida Supreme Court Tackles Property Law Shake-Up That Could Hit Property Owners and Developers Alike

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This morning, the Florida Supreme Court heard RJ’s International v. Crown Castle, a high-stakes case poised to reshape how contractual terms in property agreements affect future landowners. The justices are weighing whether...more

Moritt Hock & Hamroff LLP

Understanding House Bill 913: Comprehensive Insights For Community Associations

Introduction - In the wake of the tragic 2021 collapse of the Champlain Towers South condominium in Surfside, Florida lawmakers moved swiftly to overhaul the state’s condominium safety regulations. While the urgency of the...more

Segal McCambridge

Third DCA Reaffirms the Longstanding Playbook on Contract Damages

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Must damages be based on the cost of repair at the time of the breach? What is the time of breach? A recent Florida appellate case might have the answer to these questions. Bandklayder Development, LLC v. Sabga introduces key...more

Lowndes

Coastal Construction Control Lines in Florida

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If you are buying or financing beachfront property in Florida, you should be aware of the state’s Beach and Shore Preservation Act in Chapter 161, Florida Statutes. This Act was adopted by the legislature to regulate certain...more

Cozen O'Connor

Florida Secures Order Blocking Enforcement of Real Estate Agreements

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Florida Attorney General’s Office has secured a permanent injunction against MV Realty PBC, LLC and affiliates (collectively, “MV Realty”) prohibiting it from enforcing certain real estate agreements that the court concluded...more

Bilzin Sumberg

New Rules Regarding the Purchase of Florida Real Property by Certain Persons or Entities from China

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​​​​​​​On February 6, 2025, Rules 73C-61.001-.007, F.A.C. (“PRC Rules”), go into effect for implementing Section 692.204, Florida Statutes—the law restricting the purchase of real property by certain persons or entities from...more

Bilzin Sumberg

Florida Condo Owners Will Pay More in 2025. Time is Running Out to Sell.

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Older condo units are flooding the market but demand has dried up. The Florida condo market is recalibrating, as changes to the Condo Act tank the market for 30-plus year old condos, creating uncertainty for the...more

International Lawyers Network

Buying and Selling Real Estate in Florida (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER FLORIDIAN LAW - I. STANDARD FORMS OF AGREEMENTS - A. Purchase and Sale Agreement sets forth the complete terms of the purchase and sale including, among other things, price,...more

Lowndes

Florida Commercial Real Estate Loans: Tightened Lending and Increased Delinquencies

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The commercial real estate (CRE) market in Florida, like much of the nation, is navigating significant challenges. Rising vacancy rates, increasing loan delinquencies, and tightening credit conditions have created a more...more

Lowndes

Protect Your Property: Register for Florida’s Title Fraud Alert Service

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Title fraud in Florida has increased significantly in recent years. This type of fraud typically involves a person forging a deed to transfer someone else’s real property to a shell company formed by the fraudster. The...more

Nossaman LLP

Spring, Taxes, and the 1033 Exchange

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As the Ides of April approach for individual tax filers, a mad dash to find tax savings is underway.  Many real estate investors and professionals are quite familiar with the tax saving potential of a 1031 Exchange....more

Dickinson Wright

Florida’s Foreign Entities Act Declared Unconstitutional in Recent Ruling

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In a recent legal development, the 11th US Circuit issued a consequential verdict in Shen v. Simpson, a federal lawsuit challenging Florida’s Conveyances to Foreign Entities Act (SB 264), which restricts individuals from...more

Mayer Brown

US Court of Appeals for the 11th Circuit Enjoins Florida's Restrictions on Persons from Foreign Countries of Concern Acquiring...

Mayer Brown on

On February 1, 2024, the US Court of Appeals for the 11th Circuit granted an injunction, limited to two individual plaintiff/appellants, of a Florida law (Senate Bill 264, or SB 264) in effect since July 1, 2023, which...more

Bilzin Sumberg

Court Ruling Leaves Florida Law Restricting Foreign Ownership of Real Property Enforceable for All But Two

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On February 1, 2024, the United States Court of Appeals for the Eleventh Circuit partially granted the plaintiffs/appellants’ motion for an injunction pending appeal in Shen v. Simpson, No. 4:23-cv-208-AW-MAF (N.D. Fla....more

Bilzin Sumberg

Florida Real Estate Commission Finalizes Buyer’s Affidavits for Conveyances to Foreign Entities

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The Florida Real Estate Commission’s form buyer’s affidavits for conveyances to foreign entities are finally available and go into effect on January 17, 2024. This should provide some relief for practitioners and title...more

International Lawyers Network

Buying and Selling Real Estate in Florida (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER FLORIDIAN LAW - I. STANDARD FORMS OF AGREEMENTS - A. Purchase and Sale Agreement sets forth the complete terms of the purchase and sale including, among other things,...more

Bilzin Sumberg

Updates on Florida Law Restricting Foreign Ownership of Real Property: Proposed Rules and Shen v. Simpson

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SB 264 (Chapter No. 2023-33, Laws of Florida) - which restricts some individuals and entities associated with China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria from owning certain real property in Florida - has...more

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