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Real Estate Litigation Archives

Adverse possession can erode profits from selling your property

If you own a piece of land, then it may be possible for someone who's staked a claim to it to acquire a valid title under adverse possession laws. The person who has claimed such rights to the property must have been utilizing it for a significant period of time. A person wishing to take adverse possession of a property must meet several other conditions as well.

What if I change my mind about an agreement to buy real estate?

The decision to buy a piece of real estate may be a decision that involves hundreds of thousands of dollars. Therefore, if you have agreed to buy real estate and later changed your mind, you probably want to do everything you can to get out of the agreement. Ultimately, it depends on several factors whether you will be able to get out of the deal.

Problems with real estate transactions must be addressed

Purchasing real estate is a big expense. It is imperative that you have everything in order when you make this purchase. One thing to remember is the importance of some of the paperwork in these cases. We recently discussed some of the disclosures that are required in Florida. When any requisite disclosures are missing, there is a chance this omission could lead to legal action.

What disclosures must all Florida property owners make?

When a seller is looking to generate interest in their property, they often make concessions to move the process along. They may offer to make repairs or to upgrade appliances, to pay closing costs or homeowners' association fees or offer a home warranty. Others simply competitively price their homes. While these can help get a home sold, sellers are required to make certain disclosures as required under Florida law.

Feds seizing south Florida condo in $1B money laundering case

The U.S. Federal government is seeking to seize the "Porsche Design Tower," a condominium in Sunny Isle Beach, that's been embroiled in a billion-dollar Venezuelan money laundering scandal. According to federal prosecutors, the real estate project has played a pivotal role in a massive scheme to siphon money from Venezuela's government-run oil enterprise, PDVSA, and launder it through fraudulent Miami-area real estate investments.

How to handle foreclosure stress

Knowing that you'll be going through a foreclosure can bring on a lot of stress before you even start the process. Once it gets underway, that stress only increases. This is a complex legal process, it has a drastic impact on your life and it all stems from financial trouble that was stressful enough to start with.

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