Florida Real Estate Law

Florida Governor, Rick Scott, signed many significant changes to the Landlord-Tenant Act that became effective July 1, 2013.  There are many new changes to the Florida law that Landlord’s and Tenant’s must be aware of. Below is a list of a few changes made to the Florida Landlord-Tenant Act: Attorney Fees – In the past […]

A Land Trust is an incredibly useful document that may benefit and protect you as a property owner.  Most tax advisers and U.S. attorneys are unfamiliar with the purpose and value of a land trust, and do not know how this device works.  Through the use of a land trust, you are able to keep […]

U.S. Realtor’s, rental agents, and closing agents are encountering an increasing number of situations that involve foreign persons selling their U.S. real estate. The sale of a U.S. real property interest by a foreign person is subject to the Foreign Investment in Real Property Tax Act of 1980 (also known as FIRPTA) income tax withholding. […]

Florida underwriters are seeing much more claims emanating from forged deeds on foreclosed, bank-owned properties. The issue that seems to be appearing is that the forged deeds are into trusts and the transaction insured is the one out of the trust. “Florida is ripe for this scam as the properties may sit in bank REO […]

The Real Estate market seems to be booming. Experts claim that the market is only going to get better because Generation Y is now of age to start buying homes. Many college students are getting in the age bracket, where they are starting to think about buying rather than renting a home.  Generally speaking it […]

A Florida Land Trust is an estate planning device which offers numerous benefits to property owners. The most important benefits of the land trust are privacy and avoidance of probate. With a land trust, no one needs to know what real estate you own either during your life or at your death. Avoiding probate you […]

As we all know, the housing market has been at its low in the last couple of years, but it is starting to change. The housing market in Orlando in the month of March saw a 20% increase in sales opposed to that of a year ago. Part of the increase is due in part […]

According to the Jacksonville Business Journal, Jacksonville was placed in the top twenty “best markets” for single-family rental investments in RealtyTrac Inc.’s “20 Best Markets for Buying Single Family Rentals” list. “RealtyTrac came up with the list by analyzing median sales prices and average rental rates for three-bedroom homes and using that data to calculate capitalization “cap” rates […]

Hiring a Florida Real Estate Attorney for your purchase, sale or investment is one of the most important decisions to consider when first becoming involved in real estate. The right Attorney will keep you informed, on track and lessen your liability for any title defects. At Gulati Law, our practice primarily focuses on Real Estate […]

Unfortunately many families are still feeling the economic instability that the recession brought us. However, according to USA Today the housing market is seeing a rise in new home sales of almost 16% in the month of January. The exact specifics of that data have not been released yet, but during the recession Florida’s housing […]