Perry Law Firm Real Estate and Title

Insurance Exclusion for Damage to Vacant Property During Remodel

The M.D. Fla. recently issued an opinion on insurance exclusion for damage to vacant property during remodel (Jarvis v. GeoVera 2017 WL 2869706).  In the case Jarvis owned property which was vacant while renovations were being effected.  During this period vandals intentionally set fire to the property. GeoVera denied coverage under a homeowners insurance policy […]

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BNI Referral Exchange

Are you looking to expand your business?  Do you rely on referrals to grow you business?  Would you like meet a group of professionals that would be interested in passing you referrals?  If you answered yes to any of these questions you should consider attending a BNI Referral Exchange meeting – http://bnireferralexchange.com/.  If interested please […]

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Calculating Foreclosure Deficiencies

Florida’s 5th DCA recently held (in 2016 WL 7405629) that a trial court “has discretion to find a different value than that provided by either expert, if the trial court provides an articulable, factual basis for doing so that is supported by competent substantial evidence contained in the record.”

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Lis Pendens Termination Date

Florida’s 4th DCA recently heard a case (2016 WL 4468134) concerning the termination date of a lis pendens.  The court concluded “the list pendens therefore logically must terminate along with the action.  The ‘action’ in this case was the foreclosure action initiated by the non-party bank, which terminated thirty days after the court’s issuance of […]

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Reliance

The 5th DCA in Billington v. Ginn-La Pine Island (Case No. 5D14-2177) recently certified to the Florida Supreme Court several questions as to reliance and waiver clauses in real estate contracts in the face of fraudulent misrepresentation claims.

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DoubleTime 7.0

For those of you who use DoubleTime software to help with closings a new version – 7.0 – is being released in August, 2015.  The Fund is currently hosting training events for the same.

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CFPB/TRID Rules Pushed Back

CFPB/TRID Rules’ effective date have been pushed back from August 1, 2015 to October 1, 2015.  The Rules were pushed back, in part, to accommodate families busy with going to back to school.

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Florida’s Labyrinth: the Homestead Exemption

Under Florida law, there are multiple types of Homestead exemptions, including, but not limited to: 1) exemptions from forced sale Art. X, Section 4(a) of the Florida Constitution 2) restrictions of devise and alienation Art. X, Section 4(b) of the Florida Constitution 3) exemptions from taxation Article VII Section 6(a) of the Florida Constitution Florida’s […]

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