Fund News and Alerts

The Real Estate Council of Martin County kicked off August with The Value Adjustment Board Petition Process presented by Don Defenthaler, Director of Appraisal Services for the Martin County Property Appraiser’s Office on August 7th.

The REC community was very busy in May & June! See what all of the RECs have been up to:

The REC community was wildly busy in January and February! See what all of the RECs have been up to:

See what the North Dade and the Beaches Real Estate Council, the Bay Area Real Estate Council (BAREC) and the Capital Region Real Estate Council has been up to these past two months.

New RECs under construction! Florida Keys REC held its first event in sometime on October 20th in Marathon. The Real Property Council of Volusia County continues to move forward.

The Attorneys’ Real Estate Council of Miami-Dade County (aka South Miami-Dade) recently welcomed new President Ivette Rodriguez of Coral Gables.

Dec 2nd - TRID is Here. Now What? presented by Margaret Atkins Thumberg, Esq., Fund Senior Underwriting Counsel & Legal and Branch Education Manager. What can real estate licensees do to assist their clients in making their next home sale or purchase run smoothly in this new regulatory environment?

By Maggie Thumberg, Senior Manager, Continuing Legal Education, The Fund

ARECS members have been hearing a lot about electronic closings and digital mortgages...

Recent federal tax legislation increases the FIRPTA general withholding rate from 10% to 15% effective for closings on or after February 16, 2016. Closing agents should adjust their procedures and forms to reflect this change. (If you want a reference, it is H. R. 2029, now known as Public Law 114-113. See Section 324 for text of changes).

By now, you are probably aware that the Florida Office of Insurance Regulation (OIR) approved the 2021 ALTA Title Insurance Forms for use effective October 3, 2022.  Use of the new forms will be required after a short transition period and here are a few key resources that will help you prepare for that change.