Mastering and Understanding the 1031 Exchange

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By Aileen Torrens, Real Estate Closings, Transactions, & Litigation Attorney. Many prospective investors/exchangers shy away from the 1031 Exchange, simply due to the lack of understanding of the confusing terms and conditions for entering into the exchange. However, the 1031 Exchange is certainly one of the most valuable and under-utilized tax breaks currently out there for investors. By understanding the following basic concepts and utilizing a team of professionals to guide you along the way, you may find yourself entering into the 1031 Exchange world.
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Purchase and Sale Agreement: “Is this just a standard form?”

By Aileen Torrens, Real Estate Closings, Transactions, & Litigation Attorney. The Purchase and Sale Agreement is usually the first contract the Buyer will encounter in a real estate transaction. It is most definitely not a standard form. While every single line is important and should be reviewed, these are some of the most important paragraphs.
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Florida Five Part Test to Help Real Estate Sellers and Buyers Understand When a Seller Should Speak Up [INFOGRAPHIC]

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Excerpts from Required Disclosures in Real Estate Transactions blog by Aileen Torrens, Real Estate Closings, Transactions, & Litigation Attorney

 

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Required Disclosures in Real Estate Transactions

By Aileen Torrens, Real Estate Closings, Transactions, & Litigation Attorney The purchase and sale of real property is a fast pace and time sensitive procedure. There are numerous players involved, including but not limited to: the buyers, sellers, realtors, title agents, lenders, and associations. While these players hold different and sometimes conflicting interests, they share one common goal: to get a deal to the closing table. However, if you find yourself in this race, don’t forget to take a moment and ensure that disclosures are sufficient under Florida Law and thoroughly review al...
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Seller Disclosure in Real Estate Transactions

By Real Estate Attorney Robert Nemrow, Members’ Title Services, Inc. Are you getting ready to put your home on the market? If so, you have many decisions to make; in fact some of the questions you might be asking yourself are: Should I retain a realtor to assist with marketing the property?
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