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In-Person: (SEB) Ways to Take Title to Florida Real Estate (Including Land Trusts) & FIRPTA Overview
May 11, 2023 @ 1:00 pm - 3:00 pm
$15.00Instructor: Jennie G. Farshchian, Esq.
When buying or investing in Florida real property, it is important to know that there are various ways in which to take title. Each one has its pros and cons depending on the buyer’s goals, and their asset and liability protection needs. Some of the different ownership methods that we will discuss, are:
- Single Ownership
- Life Estates and Enhanced Life Estate Deeds (“Lady Bird” Deeds)
- Tenancies in Common
- Joint Tenancies with Rights of Survivorship
- Tenancies by the Entireties
- Corporate Entities (LLCs, corporations, etc.)Trusts (revocable living trusts, land trusts, etc.)
The second part of the class will cover the ins-and-outs of the Foreign Investment in Real Property Tax Act (FIRPTA) including: exceptions to FIRPTA, buyer duties, and Realtor duties and liabilities.
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