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Foreign Purchase of Real Estate? – Lulich & Attorneys

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Foreign Purchase of Real Estate? – Lulich & Attorneys Those who live and work overseas can invest in U.S. properties, although there are some considerations before deciding to do so. There are tax implications and difficulties in getting a reasonable rate for financing this type of purchase. Some areas could restrict investors who reside outside the United States as a part of their homeowner’s […]

Florida Theft Offenses – Lulich & Attorneys

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Florida Theft Offenses – Lulich & Attorneys Florida Theft Offenses Florida theft offenses are generally categorized based on the value of the items that are stolen and the type of property that is stolen. There are different penalties based on these categories. There are also different categories based on where the theft took place and the means used to steal an item. […]

Understanding the Florida Partition Process – Lulich & Attorneys

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Understanding the Florida Partition Process – Lulich & Attorneys Understanding the Florida Partition Process  Some property owners can’t agree on whether they should sell their property and how the property should be sold. When a buyout or alternative arrangement can’t be reached, a partition action may be the only option. A partition is essentially a forced sale of the real property. One owner seeks […]

Common Real Estate Related Lawsuits – Lulich & Attorneys

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Common Real Estate Related Lawsuits – Lulich & Attorneys Common Real Estate Related Lawsuits Buying and selling real estate is what ties families to communities. In Florida, real estate sales include residential properties, cooperatives, condominiums, and apartment complex. Many people are involved in real estate sales and management including property management companies, brokers, and developers. While many disputes can be resolved amicably through negotiations […]

Understanding Closing Costs for Florida Properties – Lulich & Attorneys

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Understanding Closing Costs for Florida Properties – Lulich & Attorneys The closing should be the best part of the sale or purchase of a home, condominium, or other real estate property. Too often though, the closing is a confusing time for both the buyer and seller. The buyer has the right to expect he/she will receive the keys to their property, title insurance to protect […]

How Does a Real Estate Closing Attorney Help Buyers and Sellers? – Lulich & Attorneys

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How Does a Real Estate Closing Attorney Help Buyers and Sellers? – Lulich & Attorneys The real estate closing is the last stage of any real estate transaction. Even with a strong real estate agreement and approval for the mortgage, there are many things that a skilled lawyer does to help clients at the settlement/the closing. This includes working with the title company and negotiating with the attorney for the […]

AS-IS Contract Changes for Real Estate Transactions Effective November 1, 2021 – Lulich & Attorneys

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AS-IS Contract Changes for Real Estate Transactions Effective November 1, 2021 – Lulich & Attorneys Many of the standard ways for selling real property in Florida changed effective November 1, 2021. The Florida Realtors organization recently summarized some of these changes. What’s important to understand is that if you are buying or selling real estate in Indian River County or anywhere in Florida, you need to speak with an experienced Florida real […]

Top 10 Issues for Florida Home Buyers – Lulich & Attorneys

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Top 10 Issues for Florida Home Buyers – Lulich & Attorneys Top 10 Legal Considerations Florida Home Buyers Need to Consider Buying a home is likely the largest investment you’ll make. It simply doesn’t make sense to do it on your own when many things can go wrong. Just one mistake can cost you a fortune. Florida home buyers should consult with an experienced real estate […]

What Is a Home Warranty and What Does It Cover? – Lulich & Attorneys

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What Is a Home Warranty and What Does It Cover? – Lulich & Attorneys Homebuyers should buy title insurance when they buy a home. Title insurance covers any legal claims that the buyer may not have clear legal title to the house, duplex, condo, or other home units. Buyers should also try to buy homes that meet the local building codes instead of buying homes ‘as is.’ Generally, speculators […]

Purchasing A Home with Cryptocurrency – Lulich & Attorneys

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Purchasing A Home with Cryptocurrency – Lulich & Attorneys Cryptocurrency is essentially a digital currency. It can be used to make financial transactions. According to Equity Trust, there are numerous types of cryptocurrency. Six of the most common types currently are: Bitcoin Bitcoin uses open-source software. It also uses blockchain technology to help make online transactions safer from malicious attacks. There’s no third-party like […]