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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

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

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