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Category: Florida Law News

Condo Boards Finally Get Their Comeuppance

Tue Mar 7, 2017 by on Florida Law News

  Condominium ownership is an extremely popular source of home ownership in South Florida; but what most people do not know is the number of issues that arise when living in a condominium. Condominiums are managed by a board of directors that oversee all the matters dealing with the residence.  The owners of the condo units are members of the […]

The Academy Awards Best Picture Debacle

Tue Feb 28, 2017 by on Florida Law News

PricewaterhouseCoopers, the Academy, and the age-old Law School Exam question…Who is liable to whom and for what? If you have not already heard about the big mishap at Sunday night’s Academy Awards, let me give you a quick synopsis. (1) Warren Beatty and Faye Dunaway (Bonnie and Clyde) are on stage to announce the highly contested winner of the Best […]

The Elusive American Dream of Home Ownership is Morphing to Home Renting.

Mon Feb 6, 2017 by on Florida Law News

  The traditional “American Dream” of home ownership is becoming less attainable for a lot of Americans.  Since the housing crisis in 2007, the process of owning a home has created more obstacles leading many Americans to home rentals instead of purchases (if you want more information about purchasing a home, take a look at our blog from last week […]

Are Tax Abatement on Principal Reductions Gone for Good?

Fri Jan 13, 2017 by on Florida Law News

The Mortgage Debt Relief Forgiveness Act of 2007 was enacted by Congress to exempt homeowners from having to pay taxes on forgiven mortgage debt by foreclosure sale, short sale or a deed-in-lieu of foreclosure. Last year, President Obama extended the this law through December 31, 2016.  Unless Congress can agree to retroactively extend the Act, homeowners will be taxed on […]

Court ruling lets lenders bring stalled foreclosures 'back to life'

Tue Dec 6, 2016 by on Florida Law News

The following article was written by Paul Owers Sun Sentinel and republished in the South Florida Law and Legal Blog with excerpts and opinion from real estate defense attorney Roy Oppenheim, Oppenheim Law – Weston, FL Summary: The Florida Supreme Court has declared that where a first foreclosure lawsuit is dismissed voluntarily or involuntarily by the court, such dismissal  does not trigger the […]

An American Thanksgiving

Mon Nov 21, 2016 by on Florida Law News

As many of you know by now Thanksgiving is one of my most favorite holidays as well as times of the year. This year, as I collect my thoughts for Thanksgiving which is about a week away, I do so as I celebrate my 30th anniversary with my partner and wife Ellen from halfway around the world!  By the time […]

Does Surrender Mean Surrender When Filing Bankruptcy During Fla. Residential Foreclosure?

Wed Nov 16, 2016 by on Florida Law News

Summary: Filing Bankruptcy during a Fla. residential foreclosure case? The Eleventh Circuit holds that in a Chapter 7 Bankruptcy, when a debtor decides to surrender the property, that surrender is both a surrender to the trustee as well as to the creditor. Which means, that surrender means surrender . . . to effectively give up the property and give up your […]