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Now that the U.S. Supreme Court has ruled that the City of Miami has a right to go after banks they say offered low-quality housing loans to minorities, the next step may prove to be more difficult. The city has […]
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A Miami development group with a long-term lease may not be liable for property taxes, according to the Third District Court of Appeal. The case was brought up by Miami-Dade County following a 2014 Florida Supreme Court ruling. The issue […]
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In a recent opinion put forth by fourth district court of appeal judge Jeffrey T. Kuntz, borrowers seeking attorneys fees on appeal cannot use the same contracts that said they prevail on an argument of lacking legal right to foreclose. […]
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The Third District Court of Appeal recently handed down a ruling concerning the practice of sequestering rental income from a property when the property is in foreclosure. Deutsche Bank National Trust foreclosed on an investment property which belonged to UV […]
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Recently, one of Miami’s highest-priced luxury living spaces was purchased for a price tag of around $25M. The penthouse of Porsche Design Tower was purchased by an unknown domestic buyer. The penthouse has four stories, and its signature feature is […]
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Rising property prices, along with a low supply of homes available for purchase, are some of a number of reasons prospective homebuyers are entering a trend of forgoing home inspections prior to purchase. In Toronto, the average home price has […]
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A potential case for the Florida Supreme Court could help clear up grey areas within current investment and foreclosure law. The case, concerning an investor, James Ober, and the town of Lauderdale-by-the-Sea, has to deal with the time period after […]
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As the short-term rental market is rising, many condominium owners are concerned that these types of transactions can have negative effects on their properties. Many are also unsure of the rules and regulations concerning these rentals and what they as […]
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Foreign investors are taking an interest in Miami property, due to what experts see as a variety of reasons. Recently, Japanese company Sumitomo Corp. purchased Miami Tower for $220M, creating one of the largest real estate deals during this real […]
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The commercial real estate market appears to be shifting due to social and monetary forces and was the focus of an in-depth discussion at the University of Miami Real Estate Impact Conference, hosted in February by the School of Architecture […]
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