The Florida Bar recently proposed several changes to Rule 5-1.2, one of which was to require all trust account checks to be signed by an attorney. This proposed rule amendment would not have allowed signatures on blank checks, signatures by stamp, or signatures by other law firm personnel such as CFOs or paralegals. [...]
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As real estate professionals, opinions coming out of our mouths may be heard as facts going into our customers’ ears. When people lose money or their expectations are not met, they may blame the people who “told” them they would succeed. There is a great recent case that demonstrates this issue (okay, [...] I’m sure most of you know about the changes to Florida’s power of attorney laws that went into effect on October 1, 2011. Please read CS/SB 670 for all of the changes and exceptions (e.g. powers granted by corporations). While you are reading that bill, I want to point out a few changes [...] Once a year I try to review new state laws that may impact real estate transactions. Before I could get to this task, the Florida Land Title Association sent out several bulletins describing important law changes, doing my job for me! I will summarize a few of these laws, here, but you really need to see [...] A lot of complaints from closers have been coming in about the time it is taking to obtain payoff information, especially from condominium associations. When I contacted some condominium association friends for information, I received a howler! Apparently, it is not the estoppel information that is taking so much time, it is the buyer’s [...] You protect your clients’ and customers’ personal nonpublic information. You train your staff to keep all information confidential. You shred, delete, and use sophisticated computer systems to prevent identity theft. Yet you still may be letting information out of your office. If you have not seen the CBS report about copy machines containing [...] |
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