Tag Archives: Florida Real Estate Closings
Why You Should Use an Attorney for a Real Estate Closing
Florida does not require that attorneys be present during any stage of a real estate transaction. However, both the contract stage and the closing of the deal are important phases of the process. Although most realtors use a form FL/BAR contract, there are many blanks to be filled in and the boilerplate wording is… Read More »
Florida Real Estate Closings
In any real estate transaction involving the sale of property, federal law requires that both buyers and sellers receive certain closing documents before the sale can officially be finalized. Prior to October 1st, the closing documents included the “HUD-1 Settlement Statement.” However, since the passage of the Dodd-Frank Act in 2010, the Department of… Read More »