What Are Deficiency Judgments?

Florida has one of the highest rates of foreclosure in the nation. In addition, they are one of only a few other states that have a law stating that if the mortgage balance is higher than the value of the property, the financial institution holding the mortgage can continue to pursue the money owed. When this occurs, the financial institution will seek a deficiency judgment. If awarded, they will be able to pursue Read More

How to Properly Evict a Commercial Real Estate Tenant in Florida

If you own a commercial building, renting it out to tenants is a great way to make money. Whether this is the main focus of your company, or you are just renting out a portion of the building you own, you can expect that you’ll eventually have to evict a tenant for one reason or another. While evicting commercial tenants is less common than residential, it is definitely worth it to learn how to go through the process Read More

5 Essential Elements of a Purchase Offer Contract

A purchase offer contract is an important part of just about every type of real estate transaction. When making an offer on a home, business, or other type of property, this contract lays out the details of what you are offering, and if accepted, can secure the property as yours while the final arrangements are completed. When making an offer like this, it is important to ensure all the essential elements of a proper Read More

The Connection Between Trade Secrets and Noncompete Agreements in Florida

For many businesses, trade secrets are an extremely valuable asset. The dilemma that many companies face is that they need to have their employees, and possibly even contractors or vendors, use these trade secrets in their day-to-day work. Those individuals could then take those secrets and share them with competitors if they left or were fired from their position. To mitigate this risk, companies in Florida can Read More

Moving On: 4 Steps to Take When You’re Ready to Dissolve Your Business

Closing down a business is a big decision, and one that will be a major change in your life. Whether you believe it is time to dissolve a business because it is not making money, or just because you’re ready for a new adventure in life, it is something you will need to handle properly. The following are important steps that you’ll need to take in order to properly dissolve your business. Of course, every business is Read More

5 Potential Alternatives to Foreclosure

Falling behind on your mortgage payments is easy to do. Whether you lose a job, run into some medical issues, or any number of other things, you can find yourself facing foreclosure surprisingly quickly. If you want to keep your home, you don’t have to view foreclosure as unavoidable. There are many options that you can take to help keep you in your home. Today more than ever, your mortgage company will likely be Read More

5 Unique Challenges Athletes Face that Require Legal Counsel

Professional athletes have jobs that most people could only dream of. While it is certainly a blessing to be able to make money playing a game you love, it can also come with many unique challenges. For many athletes, one of the most unexpected challenges is dealing with all the legal matters that come with playing at the professional level. Having legal counsel, you can trust is essential no matter what sport you’re Read More

Landlords: Know Your Security Deposit Obligations

For landlords, security deposits are often one of the most misunderstood areas of responsibility. While almost all landlords will collect a security deposit when a new tenant moves in, few of them truly understand their rights and obligations when it comes to what can and can’t be done with the money. The following are several of the most important things to know about security deposits as a landlord. You Can Use Read More

To Litigate, or Not to Litigate? 5 Things Business Owners Should Consider First

As a business owner, it is not a question of if someone will violate the legal rights of your business, but when. This is just one of the potential challenges that business owners must face. Many people when put in this situation immediately jump to the option of suing the other party. While this is certainly an option that needs to be on the table, it is always important to think everything through rationally, and Read More

Why Should I Hire a Lawyer to Help Me Purchase Real Estate?

Purchasing real estate, whether residential or commercial, is a huge investment. For many people, it is the largest purchase they will make in their lives. When it is time to start looking for the right piece of property, most people know that a good real estate agent is a great resource for finding good opportunities, handling some negotiations, and much more. What most people don’t realize, however, is that they Read More