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November 2018 Archives

Here's how earnest money works in Florida home purchases

When you find the perfect home that you want to buy and make an offer, you'll need to write a check to go along with it. That's called "earnest money," and it's a show of good faith to the seller that you intend to go through with the purchase.

A Sunny Isles condo association sues for $30 million for defects

The Regalia condo association has filed a lawsuit against the architectural firm, developer, general contractor and at least 22 other subcontractors for their poor design and construction of a luxury high-rise in Sunny Isles Beach. They contend that at least $30 million in repairs is needed to fix the 47-story, 39-unit building's design flaws and safety concerns.

What you need to prove in a breach of contract lawsuit

Contracts are crucial for any business. They provide structure, predictability and reliability – at least in theory. As a business owner, you enter into contracts and trust the other party to perform its duties. Unfortunately, it does not always work out. 

Are you in the throes of a homeowners' association dispute?

Your homeowners' association (HOA) could be a great friend to you. It can protect your neighborhood's appearance while safeguarding the property value of your own residence. At the same time, your HOA could be a tremendous foe by instituting unfair standards, hitting you with massive fees and even trying to get you physically kicked out of the neighborhood. At our firm, we represent homeowners in HOA disputes.

Examples of breach of contract cases

Entering into a contract with another individual, a business, a vendor or an employer can be risky if you don't know what you are agreeing to when you sign on the dotted line. Make sure you read the entire contract from start to finish and ask questions. Have it reviewed by an attorney to protect yourself. Here are some examples of breach of contract cases.

Construction issues might require legal action

Construction law is a complex area that requires a good understanding of not only the laws but also the construction industry. There are many issues that can creep up during a project that require you to act. It is imperative that you keep a close eye on what is going on so that you know when you need to bring up a problem to the contractor.

Do Florida residents need to worry about Chinese drywall?

Now that this year’s particularly bad hurricane season has passed, many Florida residents are breathing a sigh of relief. Whether their homes made it through unscathed or they are facing significant repairs, homeowners should take note of the potential problems that could occur if demand results in a shortage of domestic materials.

Commercial and multifamily lending reaches an all-time high

Just last week, a report published by the Mortgage Bankers Association (MBA) captured how commercial lending in 2018 was projected to outpace previous years. The study's authors also noted that they're expecting multifamily and commercial origination loans to reach $532 billion this year, at least $2 billion more than last year.

Why do doctors get sued for post-termination contract violations?

There are many things that can happen if you breach your employment contract as a doctor. One likely result is that you'll be terminated from your job. You may also be asked to pay damages for violating its terms.

Taking legal action over a trust might be possible

A person who is creating an estate plan will often use trusts as a way to move assets around. These are established with a specific purpose in mind and must be handled in a specific manner. While these are usually foolproof, there are times when a trust litigation matter might come up. We can help you learn more about these matters and what options you have for handling them.

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