by Howard C. Stross | Mar 22, 2023 | Business Law, Commercial Real Estate, LLC, Small Business
Before you become a “minority” owner of a business, here’s what to consider… A business is “closely-held” when ownership is severely limited and those limitations extend to an owner’s ability to withdraw their investment and “retire”. A... 
by Howard C. Stross | Nov 14, 2022 | Commercial Real Estate, Real Estate, Real Estate Closings
Probably the two most widely used types of conveyances in Florida are the General Warranty Deed and the Special Warranty Deed. What is the difference between these two widely used types of conveyances in Florida? What do the two types of conveyances have in common?... 
by Howard C. Stross | Sep 9, 2021 | Commercial Real Estate, Real Estate, Real Estate Closings
The “AS IS” Real Estate Contract is not the legal equivalent of a magical charm or incantation. A recent Florida appellate court decision reminds everyone in the real estate industry that a lawful “AS IS” real estate contract does not relieve a seller and the... by Howard C. Stross | Nov 2, 2020 | Commercial Real Estate, Commercial Landlord Tenant
This post summarizes some basics of “Gross-Up” requirements in dealing with the payment of a building’s operating expenses, i.e. the building that is the subject of a proposed commercial real estate lease. It is common for a commercial lease to require a tenant to pay... by Howard C. Stross | Sep 22, 2020 | Commercial Landlord Tenant, Commercial Real Estate
A welcome change in Florida’s landlord tenant law became effective July 1, 2020. No longer is it required to have witnesses join in a Florida real estate lease for the lease agreement to be valid. This applies whether the lease is for commercial real estate or... by Howard C. Stross | Jul 17, 2020 | Business Law, Buying and Selling a Business, Commercial Real Estate, LLC, Small Business
There was a time, not too long ago, when you could buy a business that included real estate, and documentary stamp transfer tax (“Doc Stamp Tax”) did not have to be paid. Why? Because ownership of the real estate did not change, i.e. the limited liability company or...
