Tag Archive: "Florida"
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FinCEN Takes Action to Combat Money Laundering in Real Estate
The Financial Crimes Enforcement Network (FinCEN) has announced the renewal of its Geographic Targeting Orders (GTOs) which require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate. FinCEN issued a notice of proposed anti-money laundering regulation in the residential real estate sector in February […]
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Live Local Florida’s Proposed Impact, One Year Later
Passed in March 2023, Florida CS/SB 102 (“Live Local Florida”) provides funding and incentives for real estate developers and homebuyers – such as tax benefits and the ability to bypass traditional zoning procedures – when activities relate to increasing the availability of affordable housing. Changes to local government zoning approvals under Live Local Florida With […]
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Transforming the Sunshine State: Exploring the Impact of Senate Bill 264 on Foreign Ownership in Florida’s Real Estate
Florida law limits certain foreign buyers from acquiring real property in the state.
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Florida Property Owners, You Are On the Clock!
Florida county assessors are required to re-appraise real property annually. Property appraisers establish the value of a property each year as of January 1st. They also review and apply exemptions, assessment limitations, and classifications that can affect a property’s taxable value. Value changes from prior assessments are typically based on market conditions and transactions that […]