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What Landlords and Tenants Need to Know This Hurricane Season (UPDATED)

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

New Law Further Reduces Florida’s Sales Tax Rate on Commercial Rent

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

New Law Reduces Florida’s Sales Tax Rate on Commercial Rent

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

What Landlords and Tenants Need to Know This Hurricane Season 2023

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

What Landlords and Tenants Need to Know This Hurricane Season (UPDATED)

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

Leasing the Right to Advertise…On the Roof

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

What Landlords and Tenants Need to Know This Hurricane Season

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

New Decision Shows the Importance of Strongly Drafted Force Majeure Provisions

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

Looking Ahead to the Biden Administration – What the Commercial Real Estate Community Needs to Know

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

Key Change to Florida Statute on Transferring Land & Real Estate (Part I): Lease Witness Requirement Waived

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

COVID-19 Testing and the Use of Vacant Surface Parking Lots

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

Review Florida Leases With Hurricane Dorian In Mind

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

Holdover Rent

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

Florida Commercial Lease Sales Tax Rate Further Reduced

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

Surveying the Changes

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

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