Ask Aaron! Your Questions on Florida Business Law Answered

Rising Prices Could Lift 3.5M Homeowners Out of Negative Equity While almost one-quarter of homeowners remain underwater, rising home prices over the past year have some economists hopeful negative equity could begin to diminish in coming months. “The negative equity problem is still crippling ma...

Reminder – 2013 Florida Annual Report Notice Who Must File? Florida Limited Partnerships, Limited Liability Limited Partnerships, Corporations (including not for profit), Limited Liability Companies. Due Date for Filing May 1, 2013 Filing Fees  For Profit Corporation Not for Profit Corporatio...

Gianni Versace turned a neglected oceanfront Miami Beach mansion into a work of art. Now the mansion's new owners might use its ornate interiors to showcase new art. VM South Beach LLC bid $41.5 million last month for the Ocean Drive property. The Miami real estate agents who collaborated with an...

The Taylor, Bean & Whitaker Plan Trust sued PriceWaterhouseCoopers for $1 billion, claiming the accounting firm negligently gave Colonial BancGroup clean audits for five years, allowing insiders at Colonial Bank and at Taylor Bean & Whitaker Mortgage Group to “loot” Taylor Bean's account of “tens...

Paulina Rubio is facing foreclosure on her home in Miami, Florida. The ‘X Factor' USA judge's neighbors accused her of failing to pay the required maintenance fees on condo for the past 18 months and the homeowners association has filed a foreclosure action against her. The building manager Didi ...

An Aventura investor purchased the Ale House building in North Miami Beach for $4.35 million. Marcus & Millichap Real Estate Investment Services' Adam Tiktin and Michael Biama represented both the seller and buyer in the deal for the 8,999-square-foot property at 3227 N.E. 163rd St. Interstate NM...

The NCAA is considering settling a lawsuit with former Eastern Illinois wide receiver Adrian Arrington, multiple media outlets reported Monday. Arrington sued the NCAA two years ago for damages because of multiple concussions he had while playing at Eastern Illinois. Since his playing career ende...

The parents of a Slippery Rock (Pa.) University basketball player who died two years ago after collapsing during an intense practice have sued the school and the NCAA, saying their son wasn't screened for the sickle cell trait that contributed to his death and school officials didn't do enough to...

The $25 billion national mortgage foreclosure settlement is getting tweaked, to address numerous complaints that mortgage servicers are falling short in their dealings with struggling borrowers. When it was announced in February 2012, the settlement sought to compensate borrowers for wrongs they ...

According to the South Florida Business Journal the Nation of Islam's regional headquarters building for Miami, the Caribbean and Latin America has been targeted for foreclosure. Read the article here: http://www.bizjournals.com/southflorida/news/2013/09/10/nation-of-islams-miami-regional-hq.html...

Mike Miller is no longer a member of the Miami Heat but he is considering filing a lawsuit against the Heat after being defrauded of $1.7 million by Haider Zafar. Zafar was not an employee of the organization, but was allegedly introduced to Miller by the Heat's executive vice president of sales,...

The Memphis Grizzlies recently signed veteran Mike Miller to new a contract and if reports from the Columbus Dispatch are correct, he'll need the money. Haider Zafar has been accused of running a $10 million real estate scheme and a witness in federal court said one of Zafar's scams netted Miller...

From http://www.americanbanker.com/syndication/miami-leads-in-foreclosures-as-banks-ride-rebound-1060510-1.html Miami's foreclosure rate ranked at the top of major U.S. metropolitan areas last month as auctions more than tripled, signaling lenders are preparing to sell a backlog of distressed pro...

A Miami-Dade Circuit Court judge denied a motion to throw out Major League Baseball's civil lawsuit against Biogenesis. Biogenesis is the alleged doping pipeline to baseball players and other professional athletes based in South Florida. According to CBS4 news partner, The Miami Herald, the decis...

In July, number of sales and prices of Miami properties continued to surge amid tight supply, generating rapid sales and offers close to asking price, according to the 29,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system. Single-family home sales again s...

The Miami Heat bought its former guard Tim Hardaway's house in 2010 to help him clear a debt to the IRS — and now the team made a handsome profit selling the home. Miami Heat Limited Partnership, the company owned by Micky Arison sold the home at 10050 SW 62 Avenue earlier this year for $2.3 mill...

As part of its asset-light strategy, Marriott International Inc. is on the verge of selling three Edition hotels (located in London, Miami Beach, and Manhattan) for $800 million. If the sale goes through, Marriott would continue to manage the properties post sale. All three properties are under c...

The artist Christo and a group of federal land managers have asked a judge to throw out a lawsuit that seeks to halt the artist's contentious environmental piece in Colorado, Over the River. The $50m project, which has been in the works for around three years, involves draping six miles of rippli...

Attorney Aaron Resnick, a co-founder and board member of the Little Lighthouse Foundation, is proud to announce that the Law Offices of Aaron Resnick, P.A. will again be a sponsor of the annual fundraiser, Nightmare on the Beach 2013 – “Fantasmi Della Villa Vecchia”. NOTB2013 will be held, Satur...

he Law Offices of Aaron Resnick, P.A. is a proud sponsor of the Little Lighthouse Foundation's Nightmare on the Beach 2013 – “Fantasmi Della Villa Vecchia”. Aaron Resnick, Esq. is a co-founder and board member of the Little Lighthouse Foundation, www.thelittlelighthouse.org.

If you rent a house or apartment or mobile home to another person, you enter into a legal contract known as a rental agreement. This rental agreement need not be in writing. If the rental agreement is in writing, it is a “lease.” This agreement has certain basic conditions specified by law which ...

The U.S. Justice Department on Monday filed a lawsuit against the state of Florida, accusing officials of unnecessarily keeping children with disabilities in nursing homes. The lawsuit claims federal officials visited six nursing homes around the state and identified about 200 children who didn't...

Yesterday, we reported that 2201 Collins Fee, LLC a/k/a the W South Beach faced a foreclosure suit over a $378 million mortgage. Data provided by Condo Vultures, a real estate consultancy and brokerage, shows condo sales at the W basically stopped in January, with prices hovering around $1,800 a ...

Previously, we blogged about issues with South Florida real estate and how it has been and can be used as a mechanism for the laundering of foreign monies into the United States. In addition, we have raised concern over the effect this phenomenon as it relates to the increased prices for South Fl...

Is the foreclosure crisis behind us? It looks that way, although nobody is saying home foreclosures are gone for good. The data point to a big recovery for the housing market, with foreclosures in serious decline these days. RealtyTrac, the Irvine, Calif., real estate analytics company, reports t...