By Kyle M. Morgan, Esq. Popular vacation rental websites and Apps such as Airbnb, VRBO, Homeaway, and FlipKey have changed the way people travel. More and more people around the country are choosing to rent privately owned homes as opposed to staying in hotels. The opportunity to rent your property to travelers on these [...]
By: Yueh-Mei Kim Nutter One of the benefits of living in Florida is your homestead protection from creditors. But if that “creditor” is a former spouse, then Florida Constitution Article 10 §4, which exempts homestead property from forced sale, may not provide that protection. Why? Because where fraud or reprehensible conduct is involved, an equitable [...]
By: Matthew S. Kramer The TILA-RESPA Integrated Disclosure rule, commonly referred to as “TRID” has been in effect for almost six months (TRID went into effect on October 3, 2015) and despite serious concern from transactional real estate professionals, the new regulations haven’t quite had the bogging-down type impact that many anticipated. The Consumer Financial [...]
By: Daniel P.J. O'Connor In January 2015, new mortgage rules were promulgated by the Consumer Financial Protection Bureau. If you are to believe the statement of the Director of the Bureau, these rules are designed to take lending back to the basics. In a nutshell, these rules require two questions to be answered in the [...]
By: William S. Kramer The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) created new regulations designed to protect consumers of mortgage loans. In 2013, the Consumer Financial Protection Bureau (“CFPB”) was established to implement and enforce the Dodd-Frank rules in the mortgage industry. The CFPB regulations went into effect January 10, 2014. Several [...]
By: William S. Kramer Historically, the vast majority of doctors and medical professionals have chosen to lease rather than own their offices. Generally, leasing is considered easier and in the short-term, involves less of a financial outlay, but today’s lending conditions are creating a perfect scenario for purchasing and owning medical space. In my experience, [...]