The law firm of Williams Parker sponsored a breakfast meeting of the Lakewood Ranch Community Foundation at Forked in Waterside Place June 27 to allow foundation executives to talk with members of the Builders Give Back program.
Related: Real Estate
Clear FilterOn July 3, 2024, the court in Ryan, LLC v. FTC, a case in the Northern District of Texas, stayed the Federal Trade Commission’s (FTC’s) Non-Compete Clause Rule and granted the plaintiff’s emergency motion for a preliminary injunction. The court limited the scope of the stay and injunctive relief to…
Is Your Renewal Option Enforceable?
Renewal options in a lease provide a tenant with crucial flexibility by ensuring the tenant can remain in a desirable location. But what happens when the lease stipulates the rent during the renewal term will be at “fair market value” or “at the then-prevailing rate for comparable commercial office properties”…
Florida landlords are often alarmed to learn their interest in their properties can be encumbered by liens arising from a tenant’s construction activities, even if the landlord was not involved in, or aware of, the work. Upon a sale of the property, the risk of tenant-initiated construction liens can become…
Commercial Lease Sales Tax Update: Major Reduction for 2024 Ahead of Schedule
As discussed in our Real Estate Blog, the state-level sales tax rate on commercial lease payments will be reduced from 4.5% to 2.0% three months after Florida’s Unemployment Compensation Trust Fund (UCTF) is replenished to pre-pandemic levels. According to the recent forecast from the Florida Office of Economic and Demographic…