Keeping up with PACE Liens
While well-intended and often beneficial to property owners, PACE loans can result in a number of unintended consequences when a property is sold.
While well-intended and often beneficial to property owners, PACE loans can result in a number of unintended consequences when a property is sold.
Small businesses do not owe Florida excise taxes, also known as documentary stamp taxes, for loans obtained pursuant to the Paycheck Protection Program under the CARES Act. Generally, Florida loans are subject to documentary stamp taxes equal to 35 cents for every $100 (capped at $2,450 for unsecured loans). The…
In recognition of COVID-19’s impact on the ability of Floridians to make mortgage and rent payments, Florida Governor Ron DeSantis issued Executive Order #20-94 on April 2 suspending the ability of mortgage lenders and landlords to bring actions for foreclosure or eviction for a period of 45 days from the date of the…
Uncertain times lead to unanticipated concerns, and we grapple for clarity where none seems to exist. The most obvious question on many agents’ (and clients’) minds is whether the “Force Majeure” provision of the FAR/BAR contract allows a party to cancel. In a word, no, at least not initially. Section…
In reaction to the national “15 Days to Slow the Spread” COVID-19 guidance, as well as an influx of individuals migrating from other states as a result of shelter at home orders, Florida’s Governor Ron Desantis issued Executive Order #20—87 on March 27 directing “all parties engaged in rental of…