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Monthly Archives: May 2022

Transaction Brokers vs. Single Agents, Does Fiduciary Duty Apply?

Posted on May 16, 2022 in Real Estate

Many homes are sold across the country via Real Estate Brokers or individual homeowners.  With nearly 6 million homes sold this year, the Real Estate Market is operating at a high level. However, increased activity in the housing market may bring an influx of litigation. As a real estate broker, it is vital to ensure you are shielded from liability and know your rights. With certain business relationships comes certain duties. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more parties. Certain positions, however, do not have this legal relationship of […]

Vacation Rental Renewals

Posted on May 16, 2022 in Real Estate

Vacation Rentals are a hot commodity in South Florida. With beaches, sunshine, and many activities, South Florida is a popular destination for many tourists. However, maintenance of these vacation rentals can be burdensome. In order to have a valid Vacation Rental Property in the city of Fort Lauderdale, an owner must acquire and maintain multiple licenses. A Business Tax License is needed, along with a Vacation Rental License. In addition, applications for these licenses require many other forms of documentation to pass the application review process for both the County and City. Furthermore, upkeep of these licenses is imperative as […]