In a city populated by cultures that thrive in community both personally and professionally, COVID-19 has changed the landscape of life in Miami. Some of the hardest hit areas have been the restaurant and retail establishments who thrive on gatherings as their norm. Other businesses have been functional in resolving…
By: Alejandro E. Jordan, Esq. If you are experiencing difficulty making on-time mortgage payments due to the national coronavirus emergency, forbearance may be an option for you. Forbearance can help consumers get back on their feet during short-term financial difficulty, but there are a few things you need to know…
By: Alejandro E. Jordan, Esq. This Article discusses the issues a landlord confronts when its commercial tenant files for bankruptcy protection. It also considers pre- and post-bankruptcy options available to a landlord to mitigate the impact of a tenant’s bankruptcy filing. Section 365 of the Bankruptcy Code allows commercial tenants,…
By: Alejandro E. Jordan, Esq. Q. IF A TENANT BREACHES THE LEASE: Are there any implied remedies available to the landlord, such as the acceleration of rent? Is there a limitation on the landlord’s ability to exercise self-help? Is there a common form of an eviction proceeding and, if so,…
By: Alejandro E. Jordan, Esq. Q. ARE THERE ANY LEGAL RESTRICTIONS ON: How much rent the landlord may charge? Whether certain operating expenses (or other additional rent) may be passed through to the tenant? Maximum Rent Under Florida law, there are no restrictions on the rent a landlord may charge…
By: Alejandro E. Jordan, Esq. Q. DESCRIBE ANY LAWS ALLOWING THE TENANT TO ASSIGN ITS LEASE, OR SUBLEASE ITS PREMISES, WITHOUT THE LANDLORD’S CONSENT. IS A REASONABLENESS STANDARD IMPLIED WHEN THE LEASE IS SILENT ON WHETHER THE LANDLORD’S CONSENT TO AN ASSIGNMENT OR SUBLEASE MAY BE REASONABLY OR UNREASONABLY WITHHELD?…
By: Alejandro E. Jordan, Esq. The current COVID-19 Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison. This short read will break down for you, in an easy to read format, exactly what the Mortgage Industry is…
By: Alejandro E. Jordan, Esq. Q: Are you now a new law firm? A: Absolutely not. We have a new logo, messaging and website (launching 4/01/2020) to better reflect the firm we are today – a firm that remains on the forefront of real estate representation and cost-effective solutions. Q:…
By: Alejandro E. Jordan, Esq. As mentioned in our previous post, the number of COVID-19 coronavirus (“Coronavirus”) cases continues to increase, and with the World Health Organization raising its threat assessment of Coronavirus to its highest level, businesses in Miami-Dade and Broward Counties are becoming increasingly aware of the many…
By: Alejandro E. Jordan, Esq. As the number of COVID-19 coronavirus (“Coronavirus”) cases continues to increase, and with the United States raising its threat assessment of Coronavirus to its highest level, business owners must be proactive in addressing and finding solutions to save their assets before it’s be too late…