Fund News and Alerts
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Conveyances of Real Property Under the Foreign Entities Act
Florida Governor Ron DeSantis signed Senate Bill 264 (SB 264) into law on May 8, 2023. The law has an effective date of Jul. 1, 2023, and may have a tremendous impact on the ownership and conveyance of real property in Florida. The bill creates Secs. 692.201 – 692.205, F.S., and is commonly referred to as the Conveyances to Foreign Entities Act (Act). The Act contains wide prohibitions with respect to foreign ownership of certain real property. Under the Act, ownership includes direct or indirect ownership of, or a controlling interest in, real property. Although the Act does not impose compliance liability on the issuing agent or underwriter, being familiar with its terms allows agents to be better prepared to discuss its implications with buyers and sellers. The Act applies to certain types of property and certain foreign principals, so it is important to understand how each of these is defined.
08/01/2023 -
Red Flags: How to Identify and Resolve Obstacles to Closing Early
This 45-minute program teaches real estate agents how to recognize issues that may adversely affect the parties’ ability to close on time.07/17/2023 -
Residential Inspections & Repairs: Procedures & Pitfalls
Inspections and repairs in residential real estate transactions can be a major source of disputes between buyers and sellers.07/17/2023 -
Stopping Cyber Fraud
Tens of billions of dollars have been lost since 2015 due to Business Email Compromise.07/17/2023 -
The Good, the Bad & The Ugly: Property Assessed Clean Energy (PACE) Financing
PACE financing agreements are used to make energy efficiency and hurricane hardening improvements to commercial and residential properties.07/17/2023 -
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Understanding and Using the FR/BAR Residential Contract
This 3-hour FREC-accredited program provides a comprehensive review of the contract at the heart of what licensees do every day.07/17/2023 -
Understanding Florida’s New Condo Safety Laws
In response to the deadly Champlain Towers South collapse, Florida has enacted new laws designed to protect against similar tragedies, with consequential obligations imposed on condo associations.07/17/2023 -
What is Title Insurance and How Does it Protect Your Client
This 1-hour program explains the details of title insurance so real estate agents can be prepared to fully explain it to their clients.07/17/2023
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