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Showing posts from September, 2020

How do you avoid problems when buying or selling commercial real estate

Part 3 from the "Avoiding Florida real estate disputes" series Due diligence is critical in commercial real estate transactions Because the concept of buyer beware applies to commercial real estate transactions in Florida, due diligence is crucial and rests on the shoulders of the buyer.  The Law Office of David Steinfeld guides both buyers and sellers in structuring certain aspects of commercial real estate transactions.  Depending on the property, due diligence may include reviews of rent rolls and the operation of a business or businesses on the property or it may focus more on the condition of the property itself.   ​ Who should I use for due diligence Helping the purchaser bring together a qualified team of professionals, such as accountants and property inspectors, is a value that the Law Office of David Steinfeld can bring to the proverbial team in addition to reviewing purchase and sale agreements.  Florida law requires that real estate sales occur under writ...

Video: Who can sue my company and who can my company sue

What liabilities does my business have In this video Board Certified expert business lawyer David Steinfeld speaks on the liabilities that businesses face from other companies.  He also addresses the claims that businesses can make against suppliers, vendors, and customers.   By David Steinfeld David Steinfeld is a Board Certified expert in Florida business law. He has been practicing for almost 25 years. He is rated AV-Preeminent, Best Lawyers in America-U.S. News & World Report, a Florida Super Lawyer, and Florida Legal Elite. Dave received Martindale’s prestigious Judicial Award for high reviews by Judges, its Platinum Client Champion Award and has a 10.0-Superb rating on AVVO and a 10.0 rating on Justia.   Visit  DavidSteinfeld.com  for helpful videos and articles on business law, real estate disputes, and electronic discovery solutions.

Should I sign a noncompete my employer gave me

Whether to have a noncompete comes up on both the employer and employee side. As a Board Certified expert in Florida business law I would say whether to offer or sign one depends on the unique circumstances because they are regulated and limited by law. Noncompetes are regulated by Statue In Florida, employment is at will. So, if there is no employment agreement, the the employee serves at the will of the employer. As a consequence, restricting that freedom of employment is regulated by a specific statute formally called Restraint of Trade, but commonly referred to as the non-compete statute. Noncompetes must be reasonable Because a noncompete restricts future employment, the Statute requires that it be reasonable in the time scope and geographic limits.  The time limits are in the statutes. Up to two years is ok and one year is deemed reasonable. That's not to say it is automatic, but most times those limits hold up.  How far the noncompete goes is a different story. The...