Topics relating to Contracts | St. Petersburg, FL https://www.stpetelawgroup.com/tag/contracts/ St Petersburg's Oldest Full Service Law Firm Wed, 12 Feb 2025 19:40:24 +0000 en-US hourly 1 https://www.stpetelawgroup.com/wp-content/uploads/favicon-150x150.png Topics relating to Contracts | St. Petersburg, FL https://www.stpetelawgroup.com/tag/contracts/ 32 32 What Constitutes a Breach of Contract in Florida? https://www.stpetelawgroup.com/what-constitutes-a-breach-of-contract-in-florida/ Tue, 11 Feb 2025 16:23:02 +0000 http://3.129.126.197/?p=15965 If you believe someone has defaulted on your contract, then you should contact a Florida breach of contract lawyer to review your case.

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Updated February 11, 2025 by Alec Waid

When two parties enter into a contract, and one of the parties fails to fulfill its obligations under the terms of the contract, a breach of the contract occurs. This means that a breach has occurred when one party has failed to honor the terms of the agreement.

To determine whether a breach of contract occurred, the first question is whether the parties have entered into a valid contract. While contracts are typically in writing and signed by both parties, oral contracts can be enforceable in Florida in certain instances.

It is important to hire a lawyer to first determine whether the parties have entered into a valid and enforceable contract. An experienced contract attorney can also help determine whether a breach has occurred, whether there are any available defenses to the breach, and whether any damages have occurred from a result of the breach.

If you believe you have a breach of contract claim – or if you are being sued for breach of contract – then you should contact a Florida breach of contract lawyer to review your case.

What Is a Breach of Contract?

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In Florida, a “breach of contract” occurs when a party fails to perform or violates the terms in a contract.

Typical examples of a breach of contract include failure to deliver goods on time, failing to provide services, or failing to remit payment on time.

Parties to a contract can include both individuals or businesses.

Breach of Contract Elements

It is important to initially determine whether a valid agreement exists under Florida law.

Under Florida law, the elements of a breach of contract claim are (1) a valid contract, (2) a material breach of that contract, and (3) damages. A material breach occurs only when an injured party has sustained a substantial injury due to the breach. The injured party may only recover if the damages are a proximate result of the material breach.

In order to bring a breach of contract claim, it is important to attach a copy of the written contract or otherwise incorporate the terms of the contract in the complaint. The Florida Rules of Civil Procedure provide that all contracts upon which action may be brought or defenses made shall be incorporated in or attached to the pleadings. A complaint based upon a written instrument thus does not state a cause of action until the contract or an adequate portion is attached to or incorporated in the complaint. When a party fails to attach or incorporate the documents upon which the claim rests, the pleading is deficient and subject to dismissal. This means that a copy of the contract should be attached or incorporated into your complaint.

Further, in breach of contract actions, it is necessary that the plaintiff allege the elements of the contract with enough precision that the person against whom the plaintiff can properly defend himself.

Is the Contract Valid?

The easiest way to prove a valid contract exists is if the parties have entered into a written document.

Generally, contracts can be either oral or written. However, there are certain contracts which do need to be in writing in order for the contract to be enforceable by Florida courts. For example, Florida’s “statute of frauds” requires certain contracts be in writing by the party sought to be charged in order for a plaintiff to bring a valid claim. A contract for the sale of land is an example of a contract which falls within Florida’s statute of frauds.

An experienced contact attorney can determine whether you have entered into a valid contract. Even if you do not have a valid contract, there are other possible causes of action which may be available to you.

What Breach of Contract Remedies Are Available in Florida?

Rescission

Plaintiffs can use rescission to effectively “undo” a contract that has been breached.

The fundamental requirements necessary to state a cause of action for rescission are: (1) the character or relationship of the parties; (2) the making of a contract; (3) the existence of fraud, mutual mistake, false representation, impossibility of performance, or other ground for rescission or cancellation; (4) the party seeking rescission had rescinded the contract and notified the other party to the contract of such rescission; (5) the moving party has received benefits from the contract, he should further allege an offer to restore these benefits to the party furnishing them, if restoration is possible; and (6) the moving party has no adequate remedy at law.

Under Florida law, equity will not usually order rescission unless the condition of the parties may be restored as it existed prior to the execution of the contract. Further, a court may not exercise its equity powers when there is an adequate remedy at law.

Damages

There are various types of damages which may be available. For instance, compensatory damages can be sought by the party who has been harmed due to the breach of contract. General damages cover what the plaintiff actually lost. Special damages cover indirect losses caused by the breach of contract. Liquidated damages may also be available in certain instances.

What Breach of Contract Defenses Are Available in Florida?

If you have been sued for breach of contract, there are certain defenses which may be available to you.

Certain defenses which may be available to you include, but are not limited to:

  • The plaintiff failed to perform its obligations first and therefore committed the first breach of the contract, which discharges the defendant from any obligations under the agreement.
  • The terms of the contract are impossible to perform, and the lawsuit thus fails due to impossibility of performance.
  • The contract fails due to a frustration of purpose.
  • The plaintiff has failed to satisfy conditions precedent by failing to establish it performed under the terms of the contracts.
  • The plaintiff failed to provide the requisite default notice set forth in the agreement.
  • The plaintiff is limited to the terms of the contract it executed and cannot bring claims for alleged breaches outside the written terms of the contract.
  • The plaintiff has failed to show it performed under the terms of the contracts,
  • The plaintiff breached the implied covenant of good faith, commercial reasonableness, and fair dealing.
  • There is a lack of consideration.

Hire a Breach of Contract Lawyer in Florida

If you believe you may have a breach of contract claim – or if you need to defend yourself against a breach of contract claim – it is important to contact an attorney. Contact our experienced Florida Breach of Contract lawyers today.

Our team at Battaglia, Ross, Dicus & McQuaid, P.A. have extensive experience that can help you in every step of the legal process from breach of contract remedies to defending you in court.

Contact us today to schedule a free consultation.

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How to Choose the Right Legal Structure for Your Business https://www.stpetelawgroup.com/how-to-choose-the-right-legal-structure-for-your-business/ Fri, 20 Sep 2024 20:28:11 +0000 https://stpetelawgroup.com/?p=21038 Selecting the appropriate legal structure for your business is a fundamental decision for entrepreneurs in St. Petersburg, Florida. The right structure can impact everything from taxes and liability to growth potential.

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Business Factors Specific to St. Petersburg, Florida Local resources, such as the St. Petersburg Economic Development Corporation and SCORE Pinellas, offer guidance and support for business owners making these decisions. Additionally, Florida’s Enterprise Zone Program and the Florida First Business Bond Pool can provide incentives to certain business types, making it essential to consider how your legal structure aligns with available local benefits and regulations.

Understanding Different Legal Structures

1. Sole Proprietorship

A sole proprietorship is the simplest and most common form of business entity. This structure involves one individual who owns and operates the business.

Advantages:

  • Complete control over all decisions.
  • Simple setup process with minimal legal formalities.
  • Direct claim to all profits.

Disadvantages:

  • Unlimited personal liability for business debts and obligations.
  • Difficulty in raising capital from investors.
  • Business continuity relies on the owner’s presence and involvement.
Choosing a sole proprietorship offers ease and autonomy but comes with significant risks, particularly concerning personal liability.

2. Partnership

A partnership is a legal structure where two or more individuals share ownership of a business. This business entity allows partners to pool resources, share responsibilities, and distribute profits according to an agreed-upon ratio.

Types of Partnerships:

  • General Partnership: All partners share equal responsibility and liability, can make decisions on behalf of the business, and have unlimited personal liability for business debts.
  • Limited Partnership: Consists of general partners who manage the business and bear unlimited liability, as well as limited partners who contribute capital but have limited liability.
A partnership agreement is essential. This document outlines each partner’s role, profit-sharing ratios, decision-making processes, and procedures for resolving disputes. It helps prevent conflicts and ensures smooth operations.

3. Limited Liability Company (LLC)

An LLC is a flexible business entity that offers the benefits of both corporations and partnerships. Owners of an LLC, known as members, enjoy personal asset protection. This means their personal assets are generally not at risk if the business incurs debt or faces legal issues. Key Advantages:
  • Personal Asset Protection: Members are not personally liable for the company’s debts or legal obligations.
  • Tax Benefits: LLCs can choose how they wish to be taxed—either as a sole proprietorship, partnership, or corporation—potentially leading to tax savings.
An LLC combines the operational flexibility of a partnership with the liability protection of a corporation, making it a popular choice among small business owners.

4. Corporation

A corporation is a separate legal entity from its owners. This means it can own property, enter contracts, and be sued without involving the personal assets of its shareholders. There are two main types:
  • C Corporations: Subject to double taxation—once at the corporate level and again on dividends to shareholders. No limit on the number of shareholders or type of investors.
  • S Corporations: Income passes through to shareholders, avoiding double taxation. Limited to 100 shareholders, all of whom must be U.S. residents or citizens.
A corporate hierarchy typically includes a board of directors and executive officers, providing structure and oversight.

5. Cooperative

A cooperative is a unique legal structure where a business is owned and operated by its members. These members share the profits and decision-making responsibilities.

How Cooperatives Operate:

  • Member-Owned: Members contribute to and control the business.
  • Democratic Decision-Making: Each member usually has one vote, regardless of their investment in the cooperative.
  • Profit Distribution: Profits are distributed among members based on their participation or usage of the cooperative’s services.

Benefits for Members:

  • Shared Control: Members have a direct say in the business operations.
  • Economic Participation: Members benefit financially from the cooperative’s success.
  • Community Focused: Often, cooperatives aim to serve the needs of their members and community rather than maximizing profit.
Choosing a cooperative can be ideal if you value democratic governance and shared benefits. This structure fosters a sense of community and mutual support among members.

Factors to Consider When Choosing a Legal Structure

Selecting the right legal structure involves evaluating several critical factors. These considerations can significantly impact your business’s success.

1. Liability Protection

  • Sole Proprietorship: The owner faces unlimited personal liability.
  • LLC: Offers personal asset protection, shielding owners from business debts.
  • Corporation: Protects shareholders from personal liability, making it a safer choice for riskier ventures.

2. Tax Implications

  • Sole Proprietorship: Income is taxed as personal income.
  • Partnership: Profits and losses pass through to individual partners.
  • LLC: Can choose between being taxed as a sole proprietorship, partnership, or corporation.
  • Corporation: C Corporations face double taxation, while S Corporations avoid this but have ownership restrictions.

3. Control Over Operations

  • Sole Proprietorship: The owner has complete control.
  • Partnership: Requires agreement among partners for decisions.
  • Corporation: Decisions are made by a board of directors, which can limit individual control.

4. Administrative Complexity

  • Sole Proprietorship and Partnerships: Easier and cheaper to set up.
  • LLC and Corporations: Require more paperwork and adherence to regulatory requirements.

5. Future Growth Goals

  • Sole Proprietorship and Partnerships: May struggle to raise capital.
  • LLC and Corporations: Easier to attract investors and expand operations due to their structured frameworks.
Evaluating these factors will help you align your business structure with your goals and operational needs.

Comparing Business Entities: Pros and Cons at a Glance

Sole Proprietorship

Advantages Disadvantages Complete control over business decisions Unlimited personal liability
Simple and inexpensive to start Harder to raise capital

Partnership

Advantages Disadvantages Shared financial commitment Joint liability for business debts
Combined knowledge and skills Potential conflicts between partners

Limited Liability Company (LLC)

Advantages Disadvantages Personal asset protection Can be more expensive to form than a sole proprietorship or partnership
Flexible tax options State-specific regulations

Corporation

Advantages Disadvantages Limited liability for shareholders Complex and costly to set up and maintain
Easier access to capital through stock sales Double taxation for C Corporations

Cooperative

Advantages Disadvantages Benefits members who use its services Limited funding options
Democratic decision-making process Requires active member participation

The Role of a St. Petersburg Business Attorney in Your Decision-Making Process

A St. Petersburg business attorney can be invaluable when deciding on the right legal structure for your company. Their expertise ensures you understand the full implications of each option.
  • Local Expertise: A St. Petersburg business attorney with local expertise specializes in the intricacies of business law within St. Petersburg, providing insights that go beyond generic advice.
  • Navigating Regulations: They help you navigate local regulations, ensuring compliance and avoiding potential pitfalls. This can save you time and money.
  • Personalized Guidance: Attorneys provide tailored advice based on your specific business needs, considering factors like liability protection, tax implications, and growth potential.
Consulting with a St. Petersburg business attorney ensures you’re making an informed decision that aligns with your long-term goals.

How Our Law Firm Can Support You Throughout This Journey

Battaglia Ross Dicus McQuaid P.A. offers extensive expertise in helping businesses select the right legal structure based on their unique needs. With decades of experience, our team provides:
  • Personalized solutions: We tailor our advice to align with your long-term business goals.
  • Comprehensive services: From initial consultations to the final implementation, we guide you through each step.
Our commitment lies in understanding your business’s specific requirements and delivering tailored strategies that ensure both compliance and growth. Our services include:
  • Detailed analysis of your business model
  • Customized legal advice on entity selection
  • Ongoing support as your business evolves, whether it’s during business closures and openings or navigating essential services activities and businesses in Pinellas County
In addition, we offer guidance on how to protect your small business in estate planning, ensuring that you have clarity and peace of mind as you navigate the complexities of choosing a legal structure.

Contact Us Today for Tailored Legal Guidance!

Ready to choose the right legal structure for your business? Reach out for a free consultation with one of our experienced St. Petersburg business attorneys at Battaglia, Ross, Dicus & McQuaid, P.A. Discuss your unique circumstances and receive personalized guidance tailored to your needs.

Why Choose Us?

  • Proven Track Record: Our firm has a history of success in helping businesses navigate St. Petersburg’s competitive landscape.
  • Dedication: We are committed to the long-term success of our clients, providing comprehensive legal support every step of the way.
Contact us today to start your journey with trusted legal advisors who prioritize your business goals.

Award-Winning Attorneys at Battaglia, Ross, Dicus & McQuaid, P.A.

We are the law firm that you call when you want the best attorneys at a fair and reasonable price. When you walk into court with one of our attorneys by your side, you will be treated differently. Our lawyers have spent their careers developing connections and insights that will help your case. For more information please contact us at Battaglia, Ross, Dicus & McQuaid, P.A. to schedule a free consultation with an attorney today. We have three convenient locations in Pinellas County and Hillsborough County to better serve you. Battaglia, Ross, Dicus & McQuaid, P.A 5858 Central Ave suite St. Petersburg, FL 33707 +(197) 0232-0268 Battaglia, Ross, Dicus & McQuaid, P.A. – Downtown Office 136 4th St N #2233 St. Petersburg, FL 33701 +(197) 0232-0268 Battaglia, Ross, Dicus & McQuaid, P.A. – Riverview Office 12953 US-301 #102 Riverview, FL 33578 (813) 639-8111

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Florida’s Reformation Contract Law Explained https://www.stpetelawgroup.com/floridas-reformation-contract-law-explained/ Tue, 23 Jan 2024 17:25:57 +0000 https://stpetelawgroup.com/?p=20618 Contract Reformation in Florida is an extremely useful remedy for fixing mistakes, or errors, made in legally binding written contracts.

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Contract Reformation in Florida is an extremely useful remedy for fixing mistakes, or errors, made in legally binding written contracts. These mistakes can be very harmful to business, ownership or inheritance interests but thankfully can be corrected with court approval. The most important thing to know is that you’ll need evidence that both sides agree upon a mistake and that it will have an impact on the future of all parties involved. To file a reformation contract complaint in Florida, please feel free to contact our Pinellas County contract attorneys today for a free consultation.

What is Contract Reformation?

  • Contract Reformation is the act of re-writing or editing a written contract to resolve an issue caused by the existing contract document.
  • It is used when a mistake in a contract has led to a misunderstanding or other issue in the performance of a contract between parties.
  • For example, if both parties overlooked the mistake originally but have now noticed it and want it resolved.
  • A reformed contract is the term given to a contract that has been rewritten or edited to correct a flaw.

How Does Contract Reformation Work in Florida?

  • Florida law allows for contract reformation if there is evidence of a mistake of fact or law in a legal document. The edits must conform to the intent of the original parties.
  • Reformation only corrects errors to meet the true terms. It does not seek to interpret language, such as in case of misinterpretation.
  • The court does not make the amendment, but determines the intent of the parties, to correct the language which can then be fixed by a contract lawyer.
  • It applies to many types of contracts, from business agreements to wills and trusts.

How Can I Make a Contract Reformation in Florida?

To make a contract reformation in Florida, you must draft a complaint with a local court. You should work with an experienced Pinellas County contract lawyer.
  • The complaint must allege a ‘cause of action’, by stating:
    • Facts about the creation of the document
    • Its language and the language intended by both parties
    • The mutual mistake
    • How will the performance under the reformed contract be affected?
  • This final point is the most important, because if there are no concrete changes then the court won’t grant reformation.
  • This must all be proven with clear and convincing evidence.

When Is Contract Reformation Needed?

Contract Mistakes (Classical Fact Scenario)

  • If a mistake occurred in the contract, that both parties agree was a mutual one, then reformation can occur.
  • One party cannot use this as a mistake to excuse their lack of performance; both sides must agree there was a genuine mistake in the contract document.
  • For example, if the contract said a product must be delivered by 2027, when actually both parties meant it to be for 2026, then that would be a mistake that could be reformed.
  • With evidence of this, there is jurisdiction to reform the document to meet the intentions and agreement of both parties.
  • Contract mistakes require the assistance of an experienced Pinellas County contract lawyer.

Inequitable or Fraudulent Conduct (Black Letter Scenario)

  • If one party has behaved fraudulently or inequitably in a contract agreement, then contract reformation may also be required.
  • For example, if a provided false information in the contract, or withheld critical information then the other party could argue to a court that the documents should be amended.
  • Clear and convincing evidence is required.

Missing Signatures

Source: Florida Bar

Does Contract Reformation Create a New Contract?

No. A new contract is not formed, and Florida courts do not have authority for that, but instead, the existing contract is amended to fix the flaw – this solution is known as an equitable remedy.

What Do I Do If The Other Party Doesn’t Agree on a Mistake?

Failure to prove the other party doesn’t agree on a mutual mistake will mean you can’t make a contract reformation. In this scenario, you’ll need to consider alternative remedies such as rescinding the agreement or even filing a lawsuit. However, if the other party was fraudulent or misrepresented facts in the contract then you may have a case for reformation. Read Related:

Keys Examples of Contract Reformation Cases in Florida

Hire a Contract Lawyer in Pinellas County and Hillsborough County, FL

If you need to make contract reformations in Pinellas County and Hillsborough County, then our experienced Pinellas County business contract lawyers can assist you. We regularly help businesses, homeowners and trust creators to file reformation complaints that allow them to fix errors of all sizes, to benefit themselves and the other party.

Free Assessment

Battaglia, Ross, Dicus & McQuaid, P.A. is a U.S. News and World Reports Tier 1 law firm in Florida, specializing in Estate and Business Planning & Probate since 1958. With award-winning experienced attorneys, they can help you keep your business turning smoothly. Schedule a free assessment today to get started.

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How to Defend a Breach of Contract Claim https://www.stpetelawgroup.com/how-to-defend-a-breach-of-contract-claim/ Tue, 25 Oct 2022 20:10:39 +0000 http://3.129.126.197/?p=18189 If you or your business is facing a breach of contract lawsuit, then you need to take swift action.

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If you or your business is facing a breach of contract lawsuit, then you need to take swift action. In Florida, there are potential ‘affirmative defenses’ that you can use to justify the steps taken in making or breaking a contract.

You should take action to defend a breach of contract claim quickly, with the help of a Florida contract lawyer. If you delay, you may be prevented from using these defenses in the future.

What Are Breach of Contract Claims?

Breach of contract claims are legal claims made against a party for violating agreed-upon terms and conditions of a legally binding contract.

Contracts are binding and hold up in a court. If proven that the contract has been breached, the party that has suffered damage can usually recover their losses and what they were originally promised. A breach of contract is not a criminal offense, or tort. Punitive damages are rarely awarded.

The Key Factors of Breach of Contract

There Must Be a Valid Contract

Firstly, there must have been a valid contract in the first place by meeting the following requirements:

  • A party made an offer
  • The other party accepted the offer
  • Both parties considered the contract and offer;
  • There were clear contract terms
  • Both parties had the capacity to enter the contract
  • The contract terms were legal

Common Examples of Breach of Contract Claims in Florida include:

  • The failure to pay the money agreed upon;
  • Failure to complete work by a deadline;
  • Not completing work or providing a product to the quality promised in the contract;
  • Failure to deliver or provide a product or service;

What to Do Next to Defend a Breach of Contract Claim?

Contact a Contract Lawyer

It’s almost always not sufficient to simply deny the breach of contract claim. You’ll need to respond with justifiable evidence and arguments for your actions (or lack of actions).

The first thing you should do is contact a Florida contract lawyer. Delaying only gives the other party the upper hand. We welcome you to contact our experienced and highly-rated lawyers today for a free consultation.

You can defend a breach of contract claim in Florida by making as many alternative defenses as you want. But you must have a convincing argument with evidence. Saving old emails, letters and paperwork are advised.

Affirmative Defense to a Breach of Contract Claim

Defenses to breach of contract claims in Florida are called ‘affirmative defenses‘. They are raised by the defendant and, if the dispute goes to trial, must be proven by the defendant.

These defenses do not argue the fact that there was a breach of contract. Instead, they argue that there were circumstances and justified reasons behind the breach. The success of these defenses is significantly impacted by the imagination and skills of your contract lawyer.

Here are some common examples of how to defend breach of contract claims in Florida:

Indefinite Contracts

An indefinite contract is where the terms were never agreed upon. In this case, the contract was not considered final, or the essential terms were not present. Indefinite contracts can be considered unenforceable.

For example, it may not be clear in the contract how long it should last or what the specifics of the service were.

Contract Mistakes

You may be able to claim that a mistake to an essential fact in the contract was made by both parties. For example, both parties made mutual mistakes regarding the date that the service was supposed to be provided. However, this can’t be used to defend a mistake in judgment by one party.

You Didn’t Have the Capacity to Sign the Contract

Both parties must have the capacity to sign a contract. If you lack capacity (such as not being able to understand the deal), then the contract may be invalid.

A common example where this happens is when it involves minors or people with mental incapacities or illnesses.

Fraud

Contracts involving fraud, such as lies, duress, or undue influence are invalid. If you can prove this happened to you, then you can get the breach of contract claim dropped.

For example, a real estate agent was being paid by the seller to advise you to purchase a property.

Unconscionable Contracts

Contracts that are considered ‘grossly unfair’ are called ‘unconscionable’ and can be used as defenses to breach of contract claims. Contracts such as these often involve one party taking advantage of their power by forcing obscene clauses, waivers, or unfair conditions on the other.

Estoppel

If a party excuses you from a term of the contract, but then claims you breached it for the term excused, then you defend the claim by proving so.

For example, if a real estate developer tells a contractor to ignore a deadline, but then comes back and says it was ignored, then they can claim ‘estoppel’.

Illegal Contracts

If the agreement in the contract is illegal, then the contract is void. For example, if it involves tax violations or the bypassing of legal obligations for the service (such as contractor licensing) then you can claim it is illegal.

However, sometimes the illegal part of the contract may be separated from the rest by the court.

Possible Remedies for Breach of Contract Claims in Florida

If there is a valid breach of contract in Florida, then you will need to find a remedy for the situation. These include:

Rescission

Rescissions effectively undo the contract. For example, if the contract was for the transfer of goods from one party to the other (upon payment), and the transfer never happened, then the plaintiff could ask that the contract is reversed so they don’t have to pay.

Damages

Compensatory damages can be agreed upon to compensate the party who has suffered as a result of the breach of contract.

  • General damages cover the actual value the plaintiff lost. Such as the difference in value between what they were expecting to pay and what they’ll need to pay someone else to complete the order or service.
  • Special damages cover losses that were indirectly caused by the breach of contract action. Such as the loss of profits for goods they could have sold.
  • Punitive damages aren’t usually used in breach of contract cases, unless the breaching party committed a particularly damaging act such as fraud.
  • The non-breaching party should also take steps to lessen their damages.

Contact a Florida Contract Lawyer Today

If you’re being sued for breaching a contract in Florida, then our Florida breach of contract lawyers can help.

Caitlin Szematowicz at Battaglia, Ross, Dicus & McQuaid, P.A. has extensive experience that can help you in every step of the sale, from breach of contract remedies to defending you in court.

Contact us today to schedule a free consultation.

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Do I Need a Probate Lawyer in Florida? https://www.stpetelawgroup.com/do-i-need-a-probate-lawyer/ Mon, 28 Jun 2021 11:58:53 +0000 http://3.129.126.197/?p=13316 Probate lawyers in Florida can resolve various problems that are near impossible to overcome without professional support.

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probate lawyer in Florida:

What Is Probate?

Probate is a legal term given to the process of proving a will. Probate ensures that the deceased’s estate is distributed fairly among the heirs by following the wishes planned in their Will. If there was no Will left behind, the process goes through probate court to determine how the estate will be distributed among the deceased’s heirs. While probate can often take a few weeks for smaller estates, it can last years for bigger estates with individuals making claims and petitions in court.

What Is a Probate Lawyer?

A probate lawyer is a Florida state licensed attorney who guides the executors and beneficiaries of a will or estate through the probate process. From identifying estate assets and beneficiaries, to distribution of the inheritances, they ensure everything is done correctly and as planned by the deceased when they were alive. Probate lawyers help avoid conflicts, misunderstandings and ensure a smooth transition of assets outside of court.

Do I Need a Probate Lawyer in Florida?

In almost all circumstances, you are required to hire a Probate lawyer in Florida. There are only rare instances where it is not necessary. These include ‘disposition without administration’, ‘summary administration’ (for very small estates) and any estate where the executor is the sole beneficiary. However, even then it is advised given the technical complexities.

To Overcome The Technical Hurdles

Under Florida probate law, after someone passes away, their assets must be transferred out of their name. Doing so requires complicated technical rules and hurdles that can be highly frustrating for a non-lawyer. In particular, the system in Florida is often too complex to follow without guidance and there is a lack of set-up to provide legal assistance. Judges in Florida require probate documents to meet various specifications and wordings through forms that are mostly unavailable online or even in libraries.

To Avoid Family Conflict

The last thing you want after a family member passes away is a conflict in the family over money or assets. Sadly, it’s a story that repeats itself time and time again. One famous example came following the death of Jimi Hendrix in 1970. With no will to his name, he left behind a $160 million estate. Fifty years later and that battle is still raging on. These battles are not limited to the rich and famous. Thankfully, a probate lawyer can step in and detangle the complexities of managing any estate so family rifts are stopped. They ensure everyone gets the slice of pie that was planned for them.

If a Family Member is Making Threats

If you hear rumors of family members suing over disagreements or you’re beginning to see conflicts arising, then contact a probate lawyer in Florida as soon as possible. Probate lawsuits can tear families apart and cost a lot of money. Acting fast will minimize losses and get everyone a fair resolution faster than without the help of a professional.

Determining Beneficiaries

If there is no will, or if it’s unclear, you may struggle to determine who is getting what and who is involved in the Will. A probate attorney in Florida will take action by petitioning the probate court to determine the identity of the true beneficiaries.

Challenging the Validity of a Will

Our probate lawyers in Florida regularly handle disputes over the validity of wills. These lawsuits can be filed before and after the Will is admitted to probate. Most commonly, a probate lawyer in Florida can help to contest wills for:
  • A lack of signing formalities.
  • If the person who made the Will lacked proper mental capacity when it was signed.
  • Undue influence
  • Fraud

Creating Estate Plans

Probate lawyers in Florida can also help be proactive. If your loved one has dementia or Alzheimer’s, for example, then a probate attorney can help put in place an estate plan while your loved one is still able to. This ensures their vision and wishes are documented before it’s too late. Perhaps most importantly, a probate attorney in Florida will protect your loved one from outside influences that wish to take advantage of them.

Surviving Spouses

If you’re a surviving spouse, Florida law entitles you to certain benefits. A probate attorney in Florida will assist you in maximizing your entitlements.

Creditor Claims

Often a creditor is owed money by a deceased person through unpaid medical bills or credit card bills. Family members should never voluntarily pay these bills, as there are certain criteria that the creditors must first meet. A probate lawyer in Florida can help provide guidance through creditor claims to ensure you and your loved one’s rights are protected.

Probate Attorney When There Is a Will

If someone in your family has died with a will to their name, then your family is advised to use a probate lawyer to guide all parties through the probate process – from the estate executor to the beneficiaries. This covers all manner of guidance from paperwork and distribution of assets to conflict and ensuring the Will was created in a fair environment – for example, if the decedent suffered from dementia.

Probate Attorney When There Is No Will

If the deceased did not create a will before their passing, then the estate is distributed among the rightful beneficiaries according to Florida law. In these circumstances, a probate attorney in Florida can help the estate administrator with the distribution of the assets in line with Florida state laws. In these situations, conflicts are often frequent and tensions can become high. Without a probate attorney in Florida, you may find yourself caught in disputes that last years.

Should We Use Summary Administration If Available?

Although summary administration may be an option to you if your family is entitled to a small estate, it may not always be the best option. For example, it may be unsuitable if:
  • The Will leaves property to many beneficiaries, who would each have to sign a contract to sell the property and other related papers.
  • The beneficiaries include minors, so guardianships may need to be set up until they’re adults. However, with a probate attorney, you may be able to avoid that through the Florida Uniform Transfers to Minors Act.
  • If a beneficiary is uncontactable, then summary administration cannot work without their presence. Probate, however, can.
  • If a beneficiary refuses to cooperate, formal administration will likely be required, improperly filing summary administration may actually lengthen the probate process.

Is It Too Late to Start Probate?

No. In Florida, there is no deadline to open a probate. Probate lawyers in Florida often handle estates years and sometimes even decades after a person’s death. However, issues may arise if heirs have also died since their loved one’s passing. Family members also sometimes lose track of each other, so the following generations aren’t aware of estates or know who is entitled. Thankfully, probate can start with minimal information and allow your family to receive the inheritance and assets they’re entitled to. If you have any concerns or fears over complications, it’s advised to speak with a probate lawyer in Florida to see which route is best for your family.

Do I Need to Appear in Florida To Probate an Estate?

These days everything is done by email, mail and phone. So unless a dispute hearing arises, there’s no need to go to a court in Florida.

Hire a Probate Attorney in Florida

If you and your family face difficulties with an estate, will, or trust, contact us today for a free consultation. Battaglia, Ross, Dicus & McQuaid, P.A. attorneys specialize in Estate Planning, Probate and Elder Law. With vast experience in helping families overcome complicated financial circumstances, he can help you today, whether that’s with estate planning, probate or more.

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Consequences of Breaches of Commercial Real Estate Contracts https://www.stpetelawgroup.com/consequences-of-breaches-of-commercial-real-estate-contracts/ Fri, 28 May 2021 21:21:12 +0000 http://3.129.126.197/?p=12603 Experiencing the breach of a commercial real estate contract can be frustrating as well as expensive. Protect your legal rights and seek damages.

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consequences of one party breaching a commercial real estate contract can result in frustrations as well as considerable losses for the other party. When a seller breaches a contract and wants to keep hold of the property or sell to a higher bidder, a buyer may not only have financial losses due to the planned move and expansion but may also face considerable trouble finding another suitable property. Likewise, if the buyer backs out, the seller has lost the expected proceeds of the sale, wasted precious time, and potentially turned down other offers. They will most likely have to start again from scratch, trying to find a buyer for their commercial property. However, those involved in a commercial property transaction must remember that a contract is legally binding and the party who is negatively affected by the other party’s breach is generally entitled to seek damages and remedies. If you have been affected by the breach of a commercial real estate contract, contact St. Petersburg Real Estate Attorneys, Ross & Pardun to get clear on your legal rights and remedies. Call us now to schedule a free consultation: +(197) 0232-0268

Why Do Parties Breach Commercial Real Estate Contracts?

Commercial real estate can include a wide variety of different properties such as:
  • Retail spaces
  • Office buildings
  • Hotels and resorts
  • Malls
  • Restaurants and bars
  • Healthcare facilities
  • Industrial/Warehouse
  • Manufacturing
Since commercial real estate encompasses a wide range of buildings and facilities, breaches of contracts can occur for a variety of reasons. Parties may breach a contract due to:
  • Legal complications with the deed or title of a property
  • External or internal damage to the property
  • A party other than the seller has partial ownership
  • The buyer experiences financial issues
  • The seller decides they want to keep the property
  • The seller receives a higher offer
However, whatever reasons a party might have for breaching the contract, the non-breaching party generally has legal recourse and can pursue damages.The consequences of breaches of commercial real estate contracts can potentially impact both the buyer and the seller. Therefore, whether you are selling or buying commercial property, having a real estate lawyer protect your rights can give you peace of mind and reassurance that even if a deal falls through, your lawyer can protect you from some of the financial and legal consequences. Generally, those involved in real estate transactions should consider consulting with an experienced real estate attorney before entering into any contract and sale transaction to ensure the relevant paperwork is legally valid.

Remedies Available for Those Affected by the Breach of Contract

If either party in a commercial real estate contract fails to adhere to the terms and conditions stated in the agreement, they have breached the contract. However, if you are affected negatively by a breach of contract, you could potentially seek several remedies. If a seller breaches the contract, the buyer could:
  • Sue the seller for damages
  • Terminate the real estate contract
  • Insist on a return of the deposit
  • Demand specific performance such as the completion of the sale
If the buyer has defaulted on the contract, the seller could:
  • Keep the good-faith deposit
  • Terminate the contract entirely
  • Sue the seller for damages
  • Insist on specific performance

What Is Specific Performance?

When it comes to commercial real estate contracts, either party may not be satisfied with monetary damages but insist on the actual performance of the contract. Specific performance is a way of “forcing” one party, typically the seller, to fulfill certain aspects of the contract. Specific performance is a court-ordered request for the defaulting party to perform a specific action which could be:
  • Signing the real estate contract
  • Signing the deed
  • Delivering the deed to the buyer

Which Monetary Damages Could Be Available?

Monetary damages can be available to the party affected by the breach of contract, whether that may be the seller or the buyer. If either party backs out at the last minute, the other party could face significant costs. Monetary damages can include the difference between the agreed purchase price and the actual value of the commercial property in question. The party who has defaulted could also potentially be held to account for other damages such as lost profit damages. Breach of commercial real estate contracts can cause severe inconvenience and monetary losses to both parties. If you have been affected by a breach of contract, an experienced real estate attorney can help you determine your legal rights and fight for what you deserve. Your lawyer can help you find legal recourse in court and pursue damages arising from a breach of contract.

Contact an Experienced St. Petersburg Real Estate Attorney for Help Today

Whether you are the buyer or seller in a commercial real estate transaction, an attorney can help you avoid headaches by handling your property transaction from beginning to end. Commercial real estate attorneys can help you with your transaction in several ways, including but not limited to:
  • Providing legal advice and guidance
  • Negotiating a sale or purchase
  • Ensuring legal validity of the contract
  • Analyzing a contract and flagging up any inconsistencies
  • Handling title insurance matters
  • Facilitate the closing
A real estate attorney can also help you with a number of other issues pertaining to commercial property including financing, zoning, tax issues, environmental considerations, and others. Buying and selling any type of property can be a challenging and stressful experience, however, the issues surrounding commercial property sales and purchases can be particularly convoluted. A dedicated real estate lawyer can help you make informed decisions and ensure you have all the legal information you need if the other party defaults on the contract or you are encountering any unforeseen issues. You do not have to embark on the purchase or sale of commercial real estate on your own. We can help make your property transaction a smooth process and handle your sale or purchase from beginning to end. Contact St. Petersburg Real Estate Attorneys, Ross & Pardun today to find out how we can help you: +(197) 0232-0268.

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How to Fill Out the Far-Bar “AS IS” Residential Contract For Sale And Purchase https://www.stpetelawgroup.com/how-to-fill-out-the-far-bar-as-is-residential-contract-for-sale-and-purchase/ Mon, 29 Jun 2020 16:30:06 +0000 http://54.160.171.51/?p=2751 The Far-Bar "AS IS" Residential Contract For Sale And Purchase is one of the most important aspects to a real estate transaction.

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The Far-Bar “AS IS” Residential Contract For Sale And Purchase is one of the most important aspects to a real estate transaction. The Florida Bar (BAR) and Florida Association of Realtors (FAR) have collaborated to create a universal form for residential real estate deals known as the “FAR/BAR AS IS Residential Contract For Sale And Purchase” to serve as a standard contract in residential real estate transactions. This standard agreement is considered to be a reliable, comprehensive, and legally binding agreement. In my experience, I have found that many underestimate the complexity and the potential pitfalls of customizing this standard agreement. This article will discuss everything you need to know to complete an accurate and legally binding Far-Bar As-Is Contract that will serve its purpose in a residential real estate transaction. While reading this article, you will want to have a copy of the standard Far-Bar “AS IS” Residential Contract For Sale And Purchase in front of you as I will be referring to specific sections throughout this article.

Download Contract

*(Please note that since the posting of this blog there have been additional changes in the 2021 version of the Far-Bar “AS IS” Residential Contract for Sale And Purchase. For more information on the changes you can read this blog here. For a copy of the new draft: Download 2021 Draft.)

The Parties

In the first part of the contract you will need to identify the parties to the agreement. This MUST include the legal name of the Seller as it appears on the title of the property and the legal name of the buyer. The biggest pitfall with this area of the contract is that people tend to leave co-owners off of the agreement or mistakenly substitute a person with a trust or a legal entity. To correctly fill out this area, you should refer to the prior deed or “vesting deed” and use the name of the “Grantee” on such deeds. If the property is owned by multiple parties, all parties must be listed on the document (and must eventually sign at the bottom). If the property is owned by a trust, the legal name of the trust must be listed in this area.

Section 1. Property Description

In this section you will identify the property. You need to be careful to tediously identify exactly what you will be purchasing. This area should include the street address, the county, the parcel ID #, and the legal description. Pay careful attention to the legal description and make sure that what you are putting on the contract matches the legal description of the property being sold or acquired. Section 1(d) & (e) pertain to “Personal Property” meaning appliances, window treatments etc. You should review the list of items in the contract. You will need to add or delete items of Personal Property that will be included or excluded from the sale. Please do not assume that something “goes with the house.” If it is not specifically listed, please add it to the contract.

Section 2. Purchase Price

In this area you will list the purchase price, escrow deposit, and financed amount. For sellers, I recommend getting a significant amount of money down that will be “non-refundable” after the inspection period has passed. This will keep the buyer honest and help ensure that after the inspection period has passed that buyer will close.

Section 3 & 4: Time for Acceptance and Closing Date

This area of the contract is fairly straightforward. The only advice I would offer is to be realistic about these deadlines. If the parties are unable to fully execute the contract before the deadline laid out in 3(a), the contract will become “stale” and will need to be revised and re-executed. This can cause undue delays and be quite irritating. As for choosing a closing date, please be realistic about how much time the parties will need to close. If a buyer is seeking financing, I recommend a closing date approximately 45 days from the date the contract is signed.

Section 7. Assignability

This is a somewhat complex component of the contract. Assignability means that Buyer has the right to assign all of his/her/its rights under the contract to another party who will stand in the shoes of the original Buyer. This new party has all rights the Buyer originally had. The question is, is this allowed at all or will Buyer remain responsible for fulfilling the contractual duties after the assignment has been completed. Sellers should be wary of allowing buyers to check the first box of the contract which allows buyer to assign the contract and be released from liability. This could be used to “flip the contract” or it could be used nefariously to assign the contract to a judgment proof person who has no ability or intention to close. If you are going to allow assignment, Sellers should insist that Buyers remain liable so you would check the second (2nd) box.

Section 8. Financing

In this section, the parties will indicate whether the Buyer will pay cash or whether there will be some type of financing. If the Buyer elects to pay cash there will be no “financing contingency.” If Buyer elects financing, Buyer’s obligation to purchase the Property will likely be contingent upon Buyer obtaining financing. Seller should insist that Buyer fill out Section 8 in its entirety meaning listing whether the loan will be conventional, FHA, VA, how long they have to be approved, how many years will the loan be, at what interest rate, how much will be financed. Sellers should also consider whether these numbers are realistic. The last thing that Seller wants is to waste time off of the market for financing that will never get approved because Buyer is seeking 98% financing; I recommend keeping this number around 80% at most.

Section 12. Inspection Clause

This section of the contract is one of the most well-known and focused upon areas. This clause will give Buyer the right to walk away from the deal and receive a return of Buyer’s deposit for any reason. Specifically, this section states that: “if Buyer determines, in Buyer’s sole discretion, that the Property is not acceptable to Buyer, Buyer may terminate this Contract . . .” This is a very powerful language. For this reason, Sellers will want to limit this time period as much as possible. Industry standards generally provide for a 10 – 15 day inspection period in a residential deal.

Signatures

The last section of this Contract that I will discuss is the signature area. Please make sure that all owners of the property and all buyers sign this contract. Also, for entities and trusts, you need to make sure that you have individuals with signing authority execute on behalf of the entity or trust. For a Corporation, this is the President, for an LLC the Manager, for a Trust the Trustee.

If you have any further questions regarding the FAR BAR “AS IS” contract, please contact Andrew R. Pardun.

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