Real Estate News

If you sell or lease commercial real estate, Florida law changes effective October 1, 2005, may help you collect your commissions. The law allows brokers to file liens to protect their sales commissions, and may benefit brokers who either sell or lease nonresidential property. Before this change, a broker could file a lien against real …

Disclosures Protect Buyers
The Save Our Homes Amendment to the Florida Constitution limits the increase in property tax assessments to three percent annually, or the percentage of increase in the Consumer Price Index, whichever is less. But that artificial cap disappears when the house is sold, and often results in very hefty property tax increases.
Prospective buyers …

The Florida Real Estate Commission is charged with protecting Florida consumers from unscrupulous licensees, and takes its duties very seriously. DBPR Press Secretary Kristen A. Ploska reports that during the 12 months ending April 30, 2005, DBPR issued 84 citations to brokers and sales associates. The DBPR collected fines from 287 licensees during the period. …

It is in the licensee’s best interest to fully explain the contents of a listing agreement to the seller before it is signed. Licensees should pay careful attention to detail by reviewing every portion of the agreement to ensure sellers fully comprehend their rights and obligations. Saying, “This is a standard agreement so just sign …

It’s that time of the year again when our financial focus turns to Uncle Sam and his affect on our pocketbooks. Real Estate licensees who work from their homes may be able to save on their income taxes.
“One of The Real Estate School’s most frequently asked questions concerns whether home offices are tax deductible,” said …