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Ken H. Johnson, a real estate economist at Florida Atlantic University and a former real estate broker, says the new rules just add another layer of complexity to an already-confusing process.
Kirk promised, "The era of 'let the buyer beware' is over. Let the unscrupulous seller beware." Kirk appointed a new seven-member Land Sales Board that took office on August 1. The Land Sales Board soon ordered Gulf American to show the board why Gulf American's registration certificate to sell land in Florida should not be revoked or suspended.
Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.
The Florida Constitutional homestead exemption offers virtually absolute protection from forced sale to meet the demands of creditors, except under four special circumstances, and should not be confused with the Florida Ad Valorem tax reduction savings, which is a product of the Florida legislature.
The sale of the home also includes a 2.75% commission to a real estate agent who brings in a buyer, if that agent is a member of the Keys Multiple Listing Service.
The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer.
The Florida Suncoast (or Florida Sun Coast) is a local marketing name for the west-central peninsular Florida coastal area, also sometimes known as Florida's Beach communities. The region contains nearly 150 miles (240 km) of Gulf of Mexico beaches and the warm, sunny winter climate attracts tourists from across the US, Canada, and Europe. The ...
The Gulf Coast of the United States, also known as the Gulf South or the South Coast, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Texas , Louisiana , Mississippi , Alabama , and Florida , and these are known as the Gulf States .