Tag Archives: Real Estate West Palm Beach
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 »
Disclosure Requirements for Florida Real Estate Transactions
You might be familiar with the phrase “caveat emptor,” which is Latin for “let the buyer beware.” This legal doctrine often places the responsibility on buyers to reasonably inspect property prior to purchasing it and to take responsibility for its condition. In the real estate context, however, an increasing number of states, including Florida,… Read More »
