Florida Adopts The Uniform Commercial Real Estate Receivership Act
By: Barry L. Miller, Esq., of Barry L. Miller, P.A., Offices Orlando As of July 1, 2020, Florida has adopted the Uniform Commercial Real Estate Receivership Act and authorizes a court to appoint a receiver, who acting as the court’s agent, takes possession of, manages, and, in some cases, transfers or sells property that is in danger of waste, loss, or diminution in value. The law governs...Read More
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Uniform Partition Of Heirs Property Act
By: Barry L. Miller, Esq., of Barry L. Miller, P.A., Offices Orlando Effective July 1, 2020, this new statute essentially provides a right of first refusal, allowing heirs property cotenants to purchase the property interests of cotenants seeking partition before the property is divided or sold. The law requires a court to determine the fair market value of the property, either through...Read More
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Curing/Correcting Minor Errors In Deeds
Effective July 1, 2020 deeds containing scrivener’s errors that convey title to the intended property as if there had been no error if: – the grantor held record title to the intended property at the time the deed containing the scrivener’s error was executed, – the grantor or the erroneous deed did not hold title to any other real property in the same subdivision,...Read More
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