by Tim Baldwin | May 6, 2024 | Landlord, Law, Uncategorized
Many times, property owners want to avoid personal liability and create tax benefits in their rental business. One way to do that is to create a corporation or company (“company”) and transfer ownership of the rental property to those entities. Also, many times,...
by Tim Baldwin | Apr 24, 2024 | Evictions, Law, Notices
The most common residential lease enforcement notice used in Florida by landlords and property managers is the 3 Day Notice to Pay or Vacate, which is used when a tenant fails to pay owed rent. Another common lease enforcement notice is the 7 Day Notice to Cure...
by Tim Baldwin | Apr 23, 2024 | Law, Security Deposits, Uncategorized
In AEGIS ELECTRIC & GAS INTERNATIONAL SERVICES LIMITED v. ECI MANAGEMENT LLC, 967 F.3d 1216 (11th Cir. 2020), the appellate federal court addressed an issue where the property manager’s insurance provider did not cover the property...
by Tim Baldwin | Apr 18, 2024 | Law, Uncategorized
Florida law requires that to manage rental property for the property owner for compensation, the manager must be licensed under F.S. ch. 475. There is an exception to this license requirement for persons managing an apartment and who are employed in a leasing capacity...
by Tim Baldwin | Apr 15, 2024 | Lease Agreements, Law, Uncategorized
Make no mistake: the landlord business is riddled with potential problems, pitfalls, and liabilities. The profit margins in the rental business can be narrow enough without losing revenue, incurring unnecessary expenses, and dealing with tenant problems, all of which...
by Tim Baldwin | Apr 11, 2024 | Evictions, Law, Notices
Gov. Ron DeSantis signed into law on March 27, 2024 amendments to Florida Statutes ch. 82 (Unlawful Detainer), which take effect on July 1, 2024. The amendments signed into law can be found here. Before the amendments were signed into law, a property owner...