Dip in Mortgage Rates Lowered Down Payments

Dip in Mortgage Rates Lowered Down Payments

By Alex Veiga Down payment dollar amounts fell in 21 states in the third quarter with the biggest decline in Florida, where they fell 24% from a year earlier. LOS ANGELES — Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped...
New Guide Helps Sellers Find the Right Agent

New Guide Helps Sellers Find the Right Agent

By Amy Connolly NAR’s latest Consumer Guide, Ten Questions to Ask a Seller’s Agent, provides helpful questions sellers should consider when selecting an agent. WASHINGTON — Sellers now have a new tool to help them choose their ideal real estate agent. The...
Key Insights on the Corporate Transparency Act

Key Insights on the Corporate Transparency Act

Reporting companies created or registered to do business in the U.S. before January 1, 2024, must file by January 1, 2025. TALLAHASSEE – As the deadline approaches, Florida lawyers must prepare for an important regulatory shift: the U.S. Department of the Treasury’s...
Hurricane Damage: Landlord Duties, Tenant Rights

Hurricane Damage: Landlord Duties, Tenant Rights

By Richard Swank Florida law requires safe, habitable rentals. After hurricane damage, tenants may qualify for reduced rent or lease termination if the unit becomes uninhabitable. ORLANDO, Fla. – What rights do tenants and landlords have if a hurricane damages their...
Crafting an AI Use Policy

Crafting an AI Use Policy

By Chloe Hecht and Deanne Rymarowicz Creating an AI-use policy will help mitigate the legal and reputational risks AI presents. Focus on acceptable uses, data privacy and other factors. CHICAGO – The use of generative artificial intelligence platforms can increase...
Hurricane Milton, Helene Costs Top $4.3B

Hurricane Milton, Helene Costs Top $4.3B

By Amy Connolly More than 26,000 people have checked into FEMA-supported housing and more than 2,700 blue tarps have been installed on damaged roofs. ORLANDO, Fla. – Total estimated insurance losses for Hurricanes Milton and Helene exceed $4.3 billion with more than...