Tag Archives: Real Property
Florida Court Extends Mandatory Disclosure Rules
In Florida, failing to disclose known defects in the sale of real property can have serious repercussions, including contract rescission and the payment of money damages. A recent Florida court decision extended disclosure requirements to transactions made where the buyer agree to purchase the property “as is.” Mandatory Disclosure In Florida, sellers must disclose… Read More »
Encumbrances on Real Property
If you decide to purchase real property, it is very important to be aware of any encumbrances on the property. An encumbrance is a claim against property held by someone who is not the owner of the property. Encumbrances affect title, meaning that the owner’s rights to the property are limited in some way,… Read More »