The 2024 Atlantic hurricane season starts this Saturday and runs until November 30. According to the National Oceanic and Atmospheric Administration (NOAA), this season is expected to be busier than usual. The increased...more
Effective June 1, 2024, the State of Florida’s sales tax rate on commercial real property lease payments (including base rent and additional rent) will be reduced from 4.5% to 2.0% for payments received for occupancy periods...more
Effective December 1, 2023, the State of Florida’s sales tax rate on commercial real property lease payments (including base rent and additional rent) will be reduced from 5.5% to 4.5% for payments received for occupancy...more
The 2023 Atlantic hurricane season begins this Thursday and will continue until November 30. According to the National Oceanic and Atmospheric Administration (NOAA), the season is expected to be relatively average in terms of...more
This year, forecasters at the National Oceanic and Atmospheric Administration are predicting another above-average Atlantic hurricane season, which runs June 1 through November 30. NOAA is predicting between 14 and 21 named...more
6/2/2022
/ Commercial Insurance Policies ,
Consumer Insurance Products ,
Hurricane Season ,
Insurance Claims ,
Landlords ,
Natural Disasters ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Tenants
Building owners may have a hidden income-generating asset – their roof. Utilizing rooftop space to advertise, by placing a sign or painting an advertisement onto a roof, is a rising trend, particularly in areas surrounding...more
This year, forecasters at the National Oceanic and Atmospheric Administration correctly predicted another above-average Atlantic hurricane season, which runs June 1 through November 30. With Hurricane Ida leaving devastation...more
9/21/2021
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Real Estate Market ,
Severe Weather ,
Tenants ,
Utilities Sector
Over the course of the last year, commercial landlords have become intimately familiar with the legal principles wielded by tenants to excuse the payment of rent. ...more
As the 46th president of the United States, Joe Biden has set some ambitious policy goals that will have far-reaching effects on the commercial real estate market. However, until recently, most experts assumed his platform...more
1/21/2021
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Capital Gains ,
Clean Energy ,
Critical Infrastructure Sectors ,
Environmental Policies ,
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Paycheck Protection Program (PPP) ,
Real Estate Transactions ,
Regulatory Reform ,
Section 1031 Exchange ,
Tax-Deferred Exchanges
Effective July 1, 2020, witnesses’ signatures are no longer needed for residential and commercial leases. The amended Section 689.01, Florida Statutes, removed the requirement that a landlord’s signature on a lease must be...more
Shopping centers across the United States have been closed for weeks as a result of the COVID-19 pandemic and stay-at-home orders. In an effort to help flatten the curve, some shopping center owners have permitted public...more
With Hurricane Dorian forecasted to make landfall along Florida’s east coast sometime this week, Sunshine State landlords and tenants should take a few moments this weekend to review their leases to ensure that they are aware...more
9/3/2019
/ Casualty Insurance ,
Consumer Insurance Products ,
Florida ,
Force Majeure Clause ,
Hurricane Season ,
Landlords ,
Leases ,
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Right to Repair ,
Severe Weather ,
Tenants
As the end of a commercial lease approaches, it is common for landlords and tenants alike to consider whether to renew the lease or part ways. ...more
Late Friday, Governor Rick Scott signed Senate Bill 620 into law, further reducing the State of Florida’s sales tax rate on rental payments for the lease of commercial real property. ...more
Effective today, the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS) announced changes to the Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys (the...more