By: Jacqueline Bozzuto, Nicole Cuccaro and Alyson Hoffman Published on Law360 A ghost kitchen, also known as a cloud kitchen, virtual kitchen, dark kitchen or test kitchen, is a professional-grade food preparation and cooking facility …
4 Tips to Protect Yourself Against Wire Fraud in Leasing
Wire fraud can result in significant loss, and it is permeating all types of transactions, including leasing. With tenants more frequently wiring funds to pay for security deposits and rents, it is important to take …
Pay Attention to Prevailing Party Fee Provisions
By: James Walson It is routine in Florida leases to consider any prevailing party fee provision as automatically reciprocal due to Section 57.105(7), Florida Statutes. That Statute provides for reciprocity of attorneys’ fees even where …
Five Quick Bullets for a Tighter Lease
By: Shawn Rader Here are five quick tips for tightening a commercial real estate lease and avoiding potential pitfalls down the road. The Parties It is amazing how often the identity of the parties to …
What Landlords and Tenants Need to Know This Hurricane Season
By: Scott Renaud, Foundry Commercial; Quino Martinez and Nicole Cuccaro, Lowndes This year, forecasters at the National Oceanic and Atmospheric Administration correctly predicted another above-average Atlantic hurricane season, which runs June 1 through November 30. …
Cattle Grazing Leases: Key Considerations for Real Estate Developers
By Gary M. Kaleita Real estate developers in Florida are buying and improving rural land at a record pace. In many cases, this land has been devoted to purposes which resulted in the land being …
Outdoor Advertising: How Billboard Landlords Can Protect Their Property and Their Profits
By: Gary M. Kaleita & Ty J. Pryor Billboards are ubiquitous in the landscape along major Florida thoroughfares, at times seemingly blending into their surroundings. They dot (some would say mar) the landscape on farms and ranches along …
Critical Elements of Tenant Estoppel Letters
By: Gary M. Kaleita If you are an investor buying a leased property, you are undoubtedly looking to the rental income as the return on your investment, in addition to the appreciation in the value …
Submerged Land Leases
By: Gary M. Kaleita The Board of Trustees of the Internal Improvement Trust Fund of the State of Florida (the Board of Trustees) is vested with title to all land lying under navigable waters within …
Property Buyer Beware: Avoid Costly Tax Liabilities with a Sales Tax Clearance Letter
By: Gary Kaleita Florida imposes sales tax on rent payable under commercial leases. The rate imposed by the state is 5.5%, but local governments have the right to impose a surtax which varies based on …