In reaction to the national “15 Days to Slow the Spread” COVID-19 guidance, as well as an influx of individuals migrating from other states as a result of shelter at home orders, Florida’s Governor Ron Desantis issued Executive Order #20—87 on March 27 directing “all parties engaged in rental of vacation rental…
Author: Thomas Luzier
Force Majeure and the COVID-19 Pandemic
Uncertain times lead to unanticipated concerns, and we grapple for clarity where none seems to exist. The most obvious question on many agents’ (and clients’) minds is whether the “Force Majeure” provision of the FAR/BAR contract allows a party to cancel. In a word, no, at least not initially. Section…
$0 Repair Limits vs. As-Is
In Section 12 of the FAR/BAR contract, a seller warrants the operational condition and structural integrity of their property and has the responsibility to maintain or deal with such matters going forward from the contract’s effective date through closing. Subject to the Section 9(a) repair limits, the seller is responsible…
Believing Miss Mildred (a true parable of shade trees, neighborly trust, and a bottomless cup of coffee)
Once upon a time, a young fresh family bought a fine old home in a fine old subdivision dotted with a veritable forest of fine old shade trees and lakes, not to mention neighbors of a similarly fine old stature. One day, the young fresh family brought home a frisky…
Money in the Middle
It can be a funny feeling, finding yourself stuck in the middle… The middle of the road. The middle of the night. The middle of nowhere. Or, for a transaction broker, that perfectly legal place: the middle of the deal. Representing both sides puts the agent smack-dab at the intersection…