Florida Real Property Sales Transactions
Description:
Florida Real Property Sales Transactions covers all the issues a practitioner is likely to encounter when involved in a real property sales transaction in Florida: from the initial attorney-client discussion about clauses in a contract for sale and purchase, to the documents required at a closing, as well as most points in between.
Highlights of the new edition include:
New/Hot Topics:
Protecting Brokers' Commission under F.S. 475.700 and F.S. 475.42.
Consumer Finance Protection Bureau (CFPB) has issued final rules governing mortgage financing, effective 2015, which will impact the settlement process as it relates to title insurance more significantly than the Real Estate Settlement Procedures Act, as amended in 2010.
The Dodd-Frank Wall Street Reform and Consumer Protection Act, 12 U.S.C. §§5301-5641, effective January, 2014.
Substantial revisions as it relates to Religious Association Property
Discussion of the conflict between the expansion of implied warranties of fitness and merchantability under Florida v. Lakeview Reserve Homeowners Ass'n, Inc., 127 So.3d 1258 (Fla. 2013) and the Florida Legislature's rejection of this expansion under F.S. 553.835.
Updated statutes, rules, and case law.
Newly Revised Contracts & Forms:
Florida Bar and the Florida Association of REALTORS® Residential Contract for Sale and Purchase (rev. 9/14).
Florida Association of REALTORS® Residential Sale and Purchase Contract (CRSP-13).
Florida Bar and the Florida Association of REALTORS® Comprehensive Rider (CR-3)
Florida Association of REALTORS® Comprehensive Addendum (CRSP-13 Addenda)
Special Warranty Deed Form, FLA.JUR. Forms Conveyances §2:42.
The eBook versions of this title feature links to Lexis Advance for further legal research options.