How Do I Know if the Property I am Going to Buy is in a Deed Restricted Community?

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How do I know if the property I’m going to buy is in a deed restricted community? If you’re dealing with a realtor, you need to ask your realtor is the property in a deed restricted community. And if so, I need to receive a copy of the deed restrictions. The newer subdivisions, I would say in the last 30 years, usually set up homeowner’s associations. And so your contract, if it isn’t a deed, restricted community should reflect how much the monthly or the annual assessments are to the homeowners association. The deed restriction will also indicate what the responsibilities are of the homeowner’s association. If there is one, now the older subdivisions may have deed restrictions and those must be enforced by your neighbors or the other people in the subdivision rather than by the homeowner’s association. Whenever you close on the transaction or before closing, you can ask your title agent for a copy of the deed restrictions so that you can review them beforehand. If you do not want to be in a deed restricted community or have deed restrictions on your property, you should insert that in the contract and say, this contract is contingent upon there being no deed restrictions on the, uh, on the property or that they must be approved by the buyer. If you have any questions about deed restrictions and purchasing property with, or without deed restrictions, give me a call at (727) 847-2288.

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Do I Need Flood Insurance to Get a Mortgage?

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Do I need flood insurance to get a mortgage? Yes, you will need to have flood insurance. If the property that you are purchasing is in a flood zone that requires flood insurance, your lender’s required by the federal government to make you have flood insurance on the property. If they have a mortgage and it’s a federally insured lender. Flood insurances, the flood zones are determined by FEMA and the U S Corps of army engineers. And not all property is in a flood zone that requires flood insurance, flood insurance is available in this area and that this community participates the national flood insurance program. The surveyor your insurance agent should be able to tell you whether or not the property is in a flood zone that requires flood insurance. Then a survey role also, would determine the finished floor elevation of the property and compare that with what the requirements are or what the flood elevation is for a hundred year flood plain. And depending on how high your property is, will determine what your flood insurance rate is. If you have any other questions about flood insurance, you can give me a call at (727) 847-2288.

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How Do I Obtain a Detainer Warrant?

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Do I obtain a detainer warrant? Under Florida law is called an unlawful detainer action. And this is an action that you bring. Whenever you have someone that’s staying in your property, such as a guest or a relative or whatever, and they don’t pay rent. They’re not a tenant and you want them to leave and they’re not leaving. And so ,what you do is you give them notice that you’re withdrawing your consent for them to stay there. And then if they still don’t leave, which usually is the case, then you can file in Florida. And I actually called an unlawful detainer action and say that we withdrawn my consent for you to stay on my property. And I want you to leave. There are precious few defenses of that primarily as if they have some ownership interest in the property. Well, you can’t remove them. Cause as an owner, they’re entitled to stay there, but otherwise you should be entitled to a judgment of possession. And then once the, of possessions entered, the clerk is directed to issue a writ of possession. And then the sheriff goes out and gives notice. And if they don’t leave, then the sheriff will then remove them. So the detainer warrant is not a term that I’m familiar with the unlawful detainer action, as I’ve described it as what we have in Florida, an order to remove persons from property whenever they are no longer, they’re not tenants. If you have any questions about unlawful detainer, my phone number is (727) 847-2288.

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What if I Forgot to File My Florida Corporate Annual Report?

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What if I forgot to file my Florida corporate annual report? Wow. That’s the bad news, is you can filed however the cost to reinstate your corporation, cause it will be administrative resolved as a hefty fine. I believe it’s $450, but it’s nothing that money won’t cure, but, that’s the remedy if you forgot to file it as a May 1st. Then if you file after that, you’re going pay a penalty which is to reinstate your corporation. So, it will no longer be administrative, dissolved. You have any questions about filing your annual report, give me a call at (727) 847- 2288.

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Who Must File A Florida Corporate Annual Report?

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Who must file a Florida corporate annual report. The annual report is required for all corporations to file, and I believe the time period is May 1st and also LLCs and other organized entities. And Florida must file an annual report and pay a fee, corporations as $150 a year. If you don’t pay them well, then the corporation may be administratively dissolved. All corporations have to pay the annual report or file an annual report and pay the fee. If you have any questions about your annual report, give me a call at (727) 847- 2288.

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