Remember the FinCen residential real estate reporting requirements? Beginning March 1, 2026, real estate professionals were required to report information related to non-financed acquisitions of residential real estate. On March 19, 2026, the U.S. District Court for the Eastern District of Texas issued an order vacating the rule. The Court decision is under appeal. Reporting ...

On October 1, 2023, several changes to Florida law governing estoppel letters (also referred to as "payoff letters") prepared by lenders and servicers became effective. §701.04, Fla. Statute, now includes the following notable changes: A lender or servicer's deadline to respond to an estoppel letter request from a record title owner, or fiduciary or trustee ...

Three (3) notable changes are coming to the way residential and commercial property insurance claims will be handled in Florida. On December 12, 2022, the Florida Legislature held a Special Session focused on property insurance. Among the many changes are: Smaller claim deadlines. The bill amends §627.70132, Fla. Stat. to reduce the deadline for policyholders ...

Establishing the priority of a lender's mortgage lien during foreclosure or bankruptcy can be challenging when the collateral is also encumbered by governmental or quasi-governmental liens with unsettled lien priority. One such problematic example is the lien priority of PACE loans. Florida's "PACE" Program (which stands for Property Assessed Clean Energy) was created in 2010 ...