Fund News and Alerts

BEFORE Preparing a Sales Contract

Florida’s homestead law is one of the most generous in the United States. Florida’s Constitution provides that homestead is (1) exempt from forced sale; (2) devise and alienation is restricted; and (3) homestead affords tax exemptions. Of primary importance to real estate agents are the restrictions on alienation of homestead property.

Owners Don’t Always Have a Right of Approval

Section 718.112(2) of the Florida Condominium Act provides as follows: “Except as otherwise provided in this Section, there shall be no material alteration or substantial addition to the common elements … except in the manner provided in the Declaration.”

ALTA is the national voice of the title insurance industry whose members include underwriters, agents and title insurance service providers such as The Fund. You may have recently received an invoice from The American Land Title Association, ALTA, for your 2014 membership dues or license for the use of ALTA’s policy forms.