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Monthly Archives: March 2020

OLIVE JUDD GETS TO THE CLOSING TABLE DURING COVID-19 CRISIS

Posted on Mar 31, 2020 in News

By Stephen Hoffman and Nicole Villarroel Broward County issued a “shelter in place” Emergency Order effective March 27, 2020 due to the COVID-19 crisis resulting in a high level of uncertainty for buyers, sellers and lenders as to whether they can close their residential and commercial real estate transactions.  Parties to real estate transactions must close timely to prevent forfeiture of deposits, losing favorable financing terms and/or meet stringent deadlines to effectuate a 1031 tax deferred exchange.  The impact of COVID-19 crisis on real estate and mortgage loan closings changes almost daily. We have implemented policies and procedures to allow […]

Families First Response Act: What Small Business Owners Need to Know

Posted on Mar 27, 2020 in News

Families First Coronavirus Response Act: Small Business Owner Requirements The Families First Coronavirus Response Act, recently signed into law, requires small employers (those with fewer than 500 employees) to provide limited paid-leave benefits to employees who are affected by the coronavirus pandemic.  The provisions of the Act make significant, temporary changes to the Family and Medical Leave Act (FMLA).  Small businesses will be affected by these changes and may need legal advice to navigate through the changes. The Act takes effect on April 2, 2020 and most provisions will expire on December 31, 2020. Generally, the Act provides that employees […]