Blog Archives

How do I get a re-issue rate (discount) on my title insurance?

The requirements to obtain the re-issue or reduced rate for your title insurance (in Florida) are pretty straight forward.  You only need your prior title policy for the identical land involved in the current transaction, so long as you are the person on title. The reissue rates are described out below.  You are entitled to the reissue rate whether the new transaction is insured by the prior insurer or a new insurer. For a sale/purchase the policy must be within 3 years to date, for a refinance the policy never expires for a discount! Read the rest of this entry

Rebuild me to the new building code!

Insurance:  Ordinance and Law Coverage – What you need to know!

An important coverage available to building owners is “Building Ordinance and Law Coverage.” This coverage is sometimes included in property insurance policies and can be added by endorsement for an additional premium. In some situations (as mandated by Florida statutes) certain policies must include ordinance and law (O&L) coverage unless the client rejects the coverage in writing. Whether the coverage is statutorily required or not, it’s a very valuable option and all building owners (residential or otherwise) should be encouraged to obtain the coverage in order to provide the best possible protection. Read the rest of this entry

Can my HOA really evict MY tenants?

Maybe. You didn’t think the answer would be that simple, did you?

Under Florida Statutes 720.3085 & 718.116, HOA’s and condo associations now have the right to demand rent payments directly from tenants when the property owner has fallen behind in their assessments. Many tenants are forced into a very uncomfortable and awkward position.  Do they pay the HOA as demanded, or do they continue to pay the landlord? Read the rest of this entry

Rental Agreements: Lease’s to protect the Landlord (Part 3 of 3)

This week we will conclude our discussion on the necessity of having a thorough rental agreement in place when renting residential real estate. Whether you are a homeowner considering renting your home for the first time or an experienced landlord, it is imperative that you protect yourself, your family, and your investment. Read the rest of this entry

Rental Agreements: Lease’s to protect the Landlord (Part 1 of 3)

Whether or not to rent your home is an important decision that should be made only after careful thought, deliberation, and planning. This decision could lead to be a very profitable one, or one that could potentially cost you tens of thousands of dollars. A thorough rental agreement can make all the difference in the world.  This week I will begin discussing rental/lease agreements, and certain clauses that every homeowner should include in such an agreement. While reading this and upcoming blogs, keep in mind that what I am discussing is for the benefit and protection of the landlord, not necessarily the tenant. Read the rest of this entry