Florida Realtors Legal Hotline is a great resource and free member benefit, but you may not need us. Many callers ask basic-information type questions, like, “There are so many riders – which one should I use?” Here are answers to your simplest questions.
There’s often more than one way to interpret a rule. When warring sides can’t agree, it’s up to a judge, jury or panel to decide.
What if a buyer and seller sign a contract but the buyer fails to submit the agreed-upon deposit? Some Realtors think the seller is then free to relist the property – but if they call the Legal Hotline to confirm it, they find the issue isn’t quite that simple.
Property managers and other real estate professionals should follow these steps to stay in compliance with federal and state consumer data regulations.
The Florida Realtors/Florida Bar contract has clauses that deal with casualty and bad-weather events. Here are the top four in the AS IS contract.
NAHB credits a short-term decline in mortgage rates (to 5.3%) as a reason for the uptick, with new-home inventory remaining at an elevated 8.1-months’ supply.
The Conference Board credits “jobs, wages and declining gas prices” for the 4.4-point Sept. rise. Both current outlooks and future expectations increased.
The national Home Price index reported a 15.8% annual gain in July, down from 18.1% in June – the largest price deceleration in the history of the index.
FedNat Insurance Co. cancelled 56.5K policies in May and agreed to transfer 83K in June, but it doesn’t have enough funds to process its existing claims.
Boston Fed official acknowledged “apprehension about the possibility of a significant downturn,” but says “a more modest slowdown, while challenging, is achievable.”