Florida's chief financial officer (CFO) said he intends to work with the legislature to close a loophole regarding the payment of insurance money directly to contractors instead of homeowners. Jimmy Patronis said some unscrupulous contractors are taking advantage of homeowners who receive insurance settlements for property damage. He says they're allowing payments to be paid directly to the contractor.
Embarking on a construction project in the state of Florida is always going to include some risk, even if you have spent time carefully drafting the contract and the terms. If a dispute has arisen in a construction project that you are a part of, it is important that you address the problem immediately.
When you purchase a property here in Melbourne, one of the questions you need to ask is whether there is a home owners' association (HOA) for the area. If there is, you might want to dig into it before you sign the contract on the home. While there are some HOAs that aren't intrusive, there are some that nitpick the homeowners.
Landlords and tenants in commercial properties need to understand the responsibilities they have toward one another before signing anything. Florida legislation tends to favor landlords over tenants, so landlords can expect prospective tenants to put up a fight over certain issues.
The Orlando-area VillageWalk at Lake Nona Homeowners Association filed a lawsuit against a construction company, JR Davis Construction, and a professional services firm, KPMG LLP, on Dec. 12. The homeowners association alleges that the construction on the KPMG Learning and Innovation Center damaged many properties in their private, gated community.
A Lakeland physicians group has been ordered to pay $500,000 after its billing company allegedly compromised patient privacy.
A 24-unit condominium complex in Brevard County, Florida, remains vacant more than a year after Hurricane Irma struck the area in September 2017 because of an insurance dispute.
Buying your first home is a big step in responsibility and investment. It can mean that you are able to accumulate a great deal of worth quickly when the property market is booming. But it also means that you will face monthly mortgage repayments that can be imposing on your financial life.
As a business owner, you know who the key players on your team are -- and you understand the potential risk that your business faces if a team member decides to leave and set up shop elsewhere. Everything from your client list to your plans for a new product could be at risk. You probably have noncompete agreements in place with at least some of your employees.
Both residential and commercial real estate closings used to involve both the seller and buyer sitting at a table to finalize a purchase, but a lot has changed over the years. Most closings are now handled electronically at a distance. While this may be convenient for some, it makes it even more important for sellers and buyers to practice some due diligence of their own to ensure their closing goes as smoothly as expected.
Although your mother needs help with day-to-day tasks, you do not believe she has experienced any mental decline. However, you recently learned she gave her caretaker $15,000, which she told you was for buying the caregiver a car.
It's estimated that 20 percent of American employees -- from all different kinds of industries -- are subject to noncompete clauses. In theory, noncompete agreements are designed to protect high-level secrets, client lists and intellectual property from being misused by ex-employees who want to go into business for themselves.
Condominium owners in Venice, Florida, are at a loss over what to do now that their tenants have discovered radon in the unit and the homeowners association has thrown a wrench into the situation.
A person who is creating an estate plan will sometimes include trusts in that plan. This is a fairly straightforward process that makes it easier for the estate to transfer the assets to the beneficiary when the creator passes away. While this usually occurs without any issues, there are times when the person or entity who should receive the trust's assets will have to fight for them. We know that this isn't what you planned to do when the creator passed away, but we are here to help you through the process.