Insights

Florida voters just delivered one of the biggest property tax cuts in the state’s history. Amendment 3 raises the homestead exemption fivefold, caps assessment increases on investment and commercial property, and creates a five-year waiting period for anyone who becomes a Florida resident after December 31, 2026. The Key Changes…

Florida voters will have the opportunity this November to decide whether to approve one of the most significant property tax reforms in state history. The proposed constitutional amendment, titled “Save Our Homes from Excessive Property Taxes,” was approved by the Florida Legislature during a June 2026 special session and will…

As discussed in our Real Estate Blog, over the past two years, the state-level sales tax rate on commercial lease payments was previously reduced from 5.5% to 4.5% to 2.0%. Effective October 1, 2025, HB 7031, signed into law by Governor Ron DeSantis on June 30, 2025, fully eliminates the…

Although many people are aware of the potential hazards of lead-based paint, there is a lot of confusion on the topic. This article addresses several myths surrounding lead-based paint. Myth #1: All homes built prior to 1978 contain lead-based paint. False. According to a study performed by the EPA, lead based…

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”…