Florida Realtors Legal News
Legal News Archive
Judging by Florida Realtors Legal Hotline calls, the Post-Closing Occupancy Rider may be the most misunderstood. Many think it’s required for a post-closing occupancy. It’s not.
Brokers’ files often have Social Security numbers, bank account information and driver’s license copies – the top targets of fraudsters. It’s important to keep that info safe – and have an internal system that provides legal protection if that fails.
A short-term rental listing is treated differently than one with annual renters. If a home may be rented for a few weeks between listing and closing, you may want to use the DD. Seasonal and Vacation Rentals After Closing Comprehensive Rider.
A broker’s listing had a septic system rather than sewer, but it wasn’t disclosed. However a complaint alleging a violation of Article 2 of the Code of Ethics ended with a decision that they weren’t in violation. That’s a pertinent fact, right? How can that NOT be a violation?
A nonprofit organization, UnidosUS, wants to help Hispanic families build generational wealth through homeownership. Wells Fargo kicked off a $100M funding effort.
A law effective July 1 adds protections: Citizens, for example, can’t refuse coverage due to open FIGA claims, and policies can’t be cancelled if repairs aren’t done.
Realtors, builders, lenders and apartment owners filed a joint amicus brief before the U.S. Supreme Court in two cases opposing New York City’s rental laws.
HUD says an outsized portion of homeless youth (40%) are LGBTQI+ , and it plans to address that group’s barriers to housing and shelter during Pride Month.
How should lenders handle appraisal complaints? Five federal agencies issued a request for comments about a residential real estate reconsideration of value (ROV).
Home inspectors’ automated valuation models (AVMs) need quality-control to keep historic discrimination out, the agencies say. They’re currently accepting comments.