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The elected Property Appraisers of Florida's 67 counties are the state constitutional officers responsible for maintaining the integrity of the homestead tax exemption program. No one in Florida "automatically" obtains a homestead exemption. Instead, a homeowner on title (or the beneficiary of a trust, a person legally or naturally dependent ...
The owner of the home wanted to convert the land to commercial use but held an estate limiting the land to residential purposes. The court held that the neighboring properties had sufficiently changed the nature of the area and allowed the estate holder to convert the land despite the existence of potential ameliorative waste.
The owner's deed conveyed the surface but in express terms reserved the right to remove all the coal. The state and the surface landowners argued that the right to cause surface collapse was not property. [1] The deed provided that the grantee takes the premises with that risk and waives all claim for damages that may arise from mining out the ...
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Under the common law, real estate can be jointly owned at a given time. [16] In most states, in a tenancy in common, co-tenants each have a theoretical right to possess the whole property. [16] Co-tenants must also share rents received from third-parties, as well as upkeep expenses and taxes. [16]
Florida ranked at the top of “at-risk” housing markets in a recent analysis by Parci Labs, which called the Sunshine State the “epicenter of supply and demand imbalances” that could lead ...
To be effective the restraint must be reasonable and the restraint must be the same as a real covenant or equitable servitude. There are six factors to determine if a restraint on alienation is reasonable: Type of price (fixed or not fixed; courts prefer non-fixed) Purpose: Is it a legitimate purpose, or not? (courts prefer legitimate)
With its sunny climate, endless activities, and no state tax, Florida is a desirable destination to live, but Yawar Charlie, a senior real estate agent, director of Aaron Kirman Group’s estates ...