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

How Are Foreclosures Prosecuted?

If a homebuyer stops paying for a property, the lender can take legal action to try and get their money back. This process is referred to as foreclosure. Usually, people take loans when the property they want to purchase is much more expensive than they can afford. As part of the agreement, the property serves as collateral in the event that the buyer is unable to complete the payments. Here is how foreclosure is Read More

Business Law 101: The Importance of Non-compete Agreements

When hiring someone to a position where they will be given sensitive information, or provided with costly training, it is important to protect your business. If that person were to leave and either start their own competing company or begin working for a competitor, it could cause significant problems for your business. While it is not possible to prevent people from leaving a job, a non-compete agreement can help Read More

6 Ways to Protect Company Trade Secrets

In the past, most of the value of a company was based on the physical assets that it held. Today, however, many companies derive their value from intellectual property, trade secrets, business strategies, and other items that are not physical in nature. If an employee or other party takes these types of non-physical assets and uses them for themselves or another company, it can cause significant issues. This is why Read More

A Brief Overview of the Commercial Real Estate Closing Process

When purchasing a piece of commercial real estate, it can be very helpful to understand each of the steps that need to take place during the closing process. While a lot of it is similar to closing on a residential real estate deal, there are some unique things to be aware of in a commercial transaction. Due Diligence and Holding of Escrow Funds When closing on a commercial real estate deal it is typically Read More

Buying a Home? Avoid These 4 Mistakes in the Closing Process

You have found the perfect house, performed due diligence to get a pre-approval letter from your lender, and are now ready to close the deal for your new home. But your work is not quite done yet. If you are not careful, you might end up losing the property just as soon as you acquire it. Or, in some cases, the owner may even change their mind and sell it to someone else. Until everyone signs all the documents, the Read More

Choosing Your Closing Agent!

  I often receive calls for a “quote” to handle the closing on the purchase of a residential property.  I always request a copy of the Contract to review key information such as parties involved, purchase price, closing date and contract terms—all to gain insight into the transaction details to assist parties, especially buyers, to close the transaction. After all, a home is the largest purchase most Read More

No Time OFF for Condo and HOA Board Members – But We Can Help!

  By: Carlos J. Reyes, Esq. Condominium and Homeowners Association Law is a mainstay in South Florida.  Governed by statutes, regulations and case law, these communities are governed by association Boards who must follow Declarations, Bylaws, Articles of Incorporation and Rules and Regulations.  How you as a Board comply with the set of laws and rules that apply, determines if you become another Read More

In Real Estate… Everything’s Negotiable!

In Real Estate. . . Everything’s Negotiable!                                                                                                         Read More

Reyes Law Group Negotiates and Closes $5.25 Million Loan for Sheridan Real Estate Group / ANF Group

(as reported in local industry/legal newspaper) Dealmaker: Carlos J. Reyes The Deal: The Reyes Law Group team represented developer Sheridan Real Estate Group / ANF Group in obtaining a $5.25 million construction loan for the construction of a 15,113 sf retail strip center located at 16620 Sheridan Street, Pembroke Pines, Florida (across from the Educational Campus in West Broward housing Broward College, Read More