Commercial Rent Tax Repeal Florida’s longstanding commercial rent tax will officially end on October 1, 2025, under the state’s 2025 tax package signed into law by Governor Ron DeSantis. For decades, Florida was the only state to impose a state-level sales tax on the rental of commercial real property, such […]
For small and mid-sized businesses (SMBs), a commercial lease is more than a real estate contract – it is often the physical foundation of their operations. But what happens when the landlord threatens to evict? Commercial lease disputes can escalate quickly, and Florida law provides clear procedures for both landlords […]
Commercial leases should never be one-size-fits-all. Small and midsize business (SMB) tenants often assume lease terms cannot be negotiated — but in many cases, they can. Landlords may be open to negotiating key provisions, especially when dealing with financially stable tenants or those committing to longer terms. Customizing lease terms […]
As the commercial real estate (“CRE”) market braces for a potential financial crisis in 2025, the landscape is riddled with uncertainty. A high volume of commercial mortgages are set to mature (estimated at $950 billion over the next twelve months), and the financial and operational stresses on borrowers are expected […]
After a business owner submits a good faith business damage offer in a Florida eminent domain case, the focus shifts to reaching a resolution of the claim. This article examines the process of settling business damage claims, including the condemning authority’s obligations, the components of a business damage settlement, and […]
When a business suffers economic harm due to a taking in Florida, the business owner bears the burden of proving the amount of damages. Calculating and substantiating business damages requires a thorough, thoughtful approach and detailed evidence. This article explores the key steps and considerations in measuring and demonstrating business […]
When a condemnor takes a Florida business owner’s private property through eminent domain, the owner may be left wondering, “What about my business?” Fortunately, Florida law recognizes that a business may suffer compensable damages separate from the value of the real estate in an eminent domain taking. This article breaks […]
In a strategic move aimed at bolstering economic growth and stability, the Federal Reserve recently implemented an interest rate cut. This decision has wide-reaching implications across various sectors, particularly in real estate. As a real estate lawyer, I see this development as a multifaceted opportunity for both property investors and […]
Ipso Facto clauses are provisions in a contract providing that a party to the contract will be in default in the event of insolvency or due to the party’s financial condition. These provisions can cause headaches and heartburn, particularly when a party—or parties—are entering into bankruptcy proceedings. This blog will […]
Florida’s real estate landscape is dynamic and, at times, complex. One tool that real estate attorneys are often asked about and property owners often consider is the Florida Land Trust, governed by the Florida Land Trust Act, Sec. 689.071, Florida Statutes. This blog serves as an introduction to what a […]