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26 September 2018 | 2 replies
They'll be able to point you in the right direction.Large cities will often have annual auctions to unload their inventory.If there is a formal process in the city, not just a random situation, you'll be able to find some info at the town hall website.
31 October 2019 | 3 replies
This has to be structured correctly and comes with complications: When using a controlled entity to get capital treatment on land: it is important that the sales price reflect the property's actual FMV at the time of sale. the formalities of a sale must be observed.If the sale involves a note(Which it normally would as New controlled corp lacks cash), regular and timely payments on the note should be made, and repayment should be based on the value of the underlying property rather than the success of the land development.
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5 April 2022 | 13 replies
The first thing you should do is determine if you are in a judicial or non judicial state.
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28 February 2013 | 12 replies
Files with limited powers require court order for sale and have more eyeballs scrutinizing the transaction.During the course of an open formal probate, it is possible for the PR's to sell, contingent on their capacity, powers and authority.
21 June 2013 | 16 replies
On the cancellation of escrow form, all it says is "unit not vacant" under seller failed to take contractual action.
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17 January 2017 | 49 replies
Most would say it's fine, although they have higher holding costs than a typical rental unit outside the state, thanks to state mandated a hurricane insurance "pool" that everyone must contribute toward ( a few thousand dollars per year).But what scares me...Florida ( and many other states that are "judicial states") must, by definition, go through a judge to sign off on an eviction.
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23 April 2015 | 8 replies
I just don't have a formal 90 day training with someone holding my hand with every move, and in exchange have to give up 30% of every commission for that training.
1 September 2016 | 1 reply
When a special admin is appointed, their Letters and powers are typically restricted to certain tasks within a given timeframe, such as marshaling the asset(s), evicting, Letters of formal administration will appoint either the same or a different PR.
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9 January 2020 | 1 reply
When should I open up a business account right after I've acquired my EIN number or after I formally formed my business and registered with the state?
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9 May 2018 | 1 reply
A friend here in Florida is getting ripped off by his property management company after moving out claiming a tiny piece of scotch residue on the fridge door is gonna cost $400 to replace the whole door and ridiculous other items.What’s the proper way to challenge these charges and maybe even proceed with a formal complaint?