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Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
Article II also sets 67% as the minimum number of affirmation votes needed to amend the community declaration. The law also protects a homeowner association against lawsuits regarding amendments after one year has passed. In order to terminate a planned residential community, the declaration must require at least 80% of votes.
Laws restricting noncommercial ownership/use of mechanical & digital games of chance. This is a list of potential restrictions and regulations on private ownership of slot machines in the United States on a state by state basis.
New Florida laws are making condo living increasingly expensive and are forcing many owners out. Florida realtor Jeff Chenore has been in the real estate business for 30 years and says the ...
The new North Carolina laws taking effect on Thursday include two dealing with domestic violence protections. There are 10 new laws in North Carolina as of Dec. 1. Here’s what they’ll do
Race statutes are extremely rare because it is generally viewed as unfair to protect a party who had actual notice of a prior conveyance. Currently, Delaware, North Carolina, and Louisiana are the only jurisdictions where a race statute is in effect. The benefit of a pure race statute is that it encourages all grantees to record their interest ...
“Of that,” says the ALTA report, “195,000 acres, worth almost $2 billion when purchased, are owned by 85 Chinese investors, which could be individuals, companies or the government.”
Finally, Florida adopted a similar law in 2021, allowing citizens and noncitizens to establish community property trusts. [5] The commonwealth of Puerto Rico also allows property to be owned as community property, [6] as do several Native American jurisdictions. In the case of Puerto Rico, the island had been under community property law since ...