Legal Question in Real Estate Law in Florida

Hi. There are local rules that vary substantially by location. If you'd like, send me an email with some details and I'll try to help you further.

Some things to consider are how to hold title to the property, tax implications and restrictions on renting contained in association documents, etc. Again, this will depend on the location of the property and the specific property that you are considering purchasing. Please contact me and I would be happy to answer any questions that you may have.

Coral Gables Attorney

www.balesfirm.com

Thanks for your question. There may be some liability issues to consider, as well as a rental agreement (lease) and local rules that may have to be followed. I suggest you consult with either myself or another attorney for additional assistance. Regards,

Each association has its own rules governing the leasing of units in the development. Some limit the number of renters one may have in a year. In addition, if you have short term lease, you may be liable to the State of Florida for sales tax (similar to a VAT) on the rental.

We would be happy to speak with you about the purchase of the property. We offer a free initial consultation.