By: Alejandro E. Jordan, ESQ. Did you know… South Florida economic and real estate market fundamentals were very strong when the stay home orders took effect in March. Market performance in March and in the first quarter of 2020 exceeded that of the same period in 2019 despite the COVID-19…
By: ESQ.title | ESQ.title Despite the crippling and ongoing coronavirus pandemic, millions out of work, a recession, a national reckoning over systemic racism, and a highly contentious presidential election just around the corner, the residential real estate market is staging an astonishing rebound. Median home prices shot up 6.2% year…
ST. PETERSBURG, FL. (June 22, 2020) – Alejandro E. Jordan, ESQ. of ESQ.title, Coral Gables was recently recognized in the 2020 edition of Florida Trend’s Florida Legal Elite™. The list of 1,071 honorees represents just over 1% of the active Florida Bar members, including attorneys in private practice as well…
By: Alejandro E. Jordan, Esq. If you are experiencing difficulty making on-time mortgage payments due to the national coronavirus emergency, forbearance may be an option for you. Forbearance can help consumers get back on their feet during short-term financial difficulty, but there are a few things you need to know…
By: Alejandro E. Jordan, Esq. This Article discusses the issues a landlord confronts when its commercial tenant files for bankruptcy protection. It also considers pre- and post-bankruptcy options available to a landlord to mitigate the impact of a tenant’s bankruptcy filing. Section 365 of the Bankruptcy Code allows commercial tenants,…
By: Alejandro E. Jordan, Esq. Q. IF A TENANT BREACHES THE LEASE: Are there any implied remedies available to the landlord, such as the acceleration of rent? Is there a limitation on the landlord’s ability to exercise self-help? Is there a common form of an eviction proceeding and, if so,…
By: Alejandro E. Jordan, Esq. Q. ARE THERE ANY LEGAL RESTRICTIONS ON: How much rent the landlord may charge? Whether certain operating expenses (or other additional rent) may be passed through to the tenant? Maximum Rent Under Florida law, there are no restrictions on the rent a landlord may charge…
By: Alejandro E. Jordan, Esq. Q. DESCRIBE ANY LAWS ALLOWING THE TENANT TO ASSIGN ITS LEASE, OR SUBLEASE ITS PREMISES, WITHOUT THE LANDLORD’S CONSENT. IS A REASONABLENESS STANDARD IMPLIED WHEN THE LEASE IS SILENT ON WHETHER THE LANDLORD’S CONSENT TO AN ASSIGNMENT OR SUBLEASE MAY BE REASONABLY OR UNREASONABLY WITHHELD?…
By: Alejandro E. Jordan, Esq. The current COVID-19 Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison. This short read will break down for you, in an easy to read format, exactly what the Mortgage Industry is…
By: Alejandro E. Jordan, Esq. As mentioned in our previous post, the number of COVID-19 coronavirus (“Coronavirus”) cases continues to increase, and with the World Health Organization raising its threat assessment of Coronavirus to its highest level, businesses in Miami-Dade and Broward Counties are becoming increasingly aware of the many…