Author: Gulati Law.

A Florida land trust is a method for holding legal title to real property. The beneficiary owns the Florida land trust, has power of direction over the trust, and has control over the property that is in the trust (the person creating the land establishes the land trust and is often one of the beneficiaries). […]

Prior to the PATH Act of 2015 (“Protecting Americans from Tax Hikes 2015”, effective 12/18/2015), if the seller of real property is a foreign person, Federal law required buyers to withhold 10% of the gross sale price and provide it to the IRS. With the implementation of the PATH Act, this 10% tax requirement has […]

“Drive by” ADA lawsuits are once again on the rise. These professional plaintiffs and their unscrupulous lawyers know that most warranties on pool lifts installed in 2012-2013 have expired and that some pool lifts are in need of repair. Now it is more important than ever to be proactive with your ADA compliance. These plaintiffs […]

Recently, the Gainesville Sun reported that a couple could not get a permit from the city when they wanted to put a screen enclosure on their back porch. That’s because there was an expired permit on the property that was 10 years old. The couple has owned their home since 2010 and had no idea  that was […]

Over the past several months, we have sent out a couple of alerts to remind our friends, family, clients, Realtors, investors and colleagues of the Fake Check Scam. How the Scam Works: The perpetrator of the scam sends you a large cashier’s check supposedly for the purchase of real property, escrow money, etc. You deposit the […]

While many states do not legally require your Limited Liability Company (hereinafter “LLC”) to have an operating agreement, it is not a wise idea to operate an LLC without one, even if you are the sole owner of your company. An operating agreement will help you protect your limited liability status, specify financial and management […]

It has come to our attention through our clients and other Hotel Owners/Hotel Management, that there has been a significant increase in the number of lawsuits against hoteliers for violations of the Americans with Disabilities Act (hereinafter “ADA”). A typical scenario is that a single plaintiff files over 50 lawsuits against hoteliers in a specific geographic […]

After a long battle with research, applications, real estate agents, negotiations, and etc., the purchase contract has been finalized and you’re finally ready to close the deal. You will want to make sure that all documents and disclosures are in order and that nothing has been left out. We often see that all the formalities have […]

A Florida company based out of Tallahassee, Florida, has been attempting to convince new business owners who have recently formed a new corporation or LLC, to send money by exaggerating to be involved in a vital step in the business formation process. This “company” has gone by other aliases such as the “Florida Center of […]

Regardless of the size of a company, whether a small business or a large one, it should comply with its state law record-keeping requirements. Here is a list of some of the important corporate documents to maintain: – A copy of the corporation’s articles of incorporation or organization; – Corporate bylaws or operating agreement; – […]