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| Real Property
Negotiations to obtain financing can be complex, even for well-established businesses. Obviously, lenders and borrowers have different goals and it is always useful to have an attorney negotiating in your interest. In some instances, lenders may want to impose property liabilities on a property owner, which aren’t necessarily in the owners’ best interest. For instance, a borrower may want to use insurance proceeds to restore damaged property, while a lender may require that such proceeds go towards owed debt. Our attorneys can assist in the event this happens to you. There are many ways you can transfer real property in the state of Florida. Many of them are as simple as preparing a deed and recording it with the courthouse. However, the law is very particular as to how most transactions are worded. Real Property attorneys at the Law Office of Mark C. Bouldin & Associates, P.A. can prepare and record the following types of deeds: Corrective Deed, Quit Claim Deed, Trustee Deed, and Warranty Deed. In addition to these services, our attorneys can help with transfers of property as joint tenants or tenants in common. They will also assist clients who would like to reserve a life estate for a person, give a term of years to a person, or transfer an exempt homestead. The purchase and sale of real property can have a profound impact on a person’s financial state of affairs. The tax attorneys at Mark C. Bouldin & Associates, P.A. can help client structure tax-free property exchanges that will defer or save substantial amounts of money. It may sound like a simple endeavor to lease out a piece of property. However, there are several liabilities to take into account. Whether you are a Lessee or Lessor it is usually a good idea to review any contract with an attorney before signing. As the saying goes, “the devil is in the details.” Our attorneys have the legal experience and know how to structure a contract that will satisfy your needs (and may also know of some needs, to which you are unaware). Subleasing occurs when someone takes over an existing tenant’s rights and obligations under a current, valid lease. Tenants may be prohibited from subletting if the original lessor expressly restricts subletting in the original lease. However, if subletting is permitted, the original tenant must beware because he or she is still responsible for fulfilling the lease if the new tenant defaults. |
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