As you can see by all of these answers, there are so many pitfalls in this type of "estate planning" --- liability, gift taxes, the fact that your...

WHAT IF YOU BUYA CONDO BANK FORECLOSURE AT THE AUCTION. DOES THE ASSOC. HAVE ANY RIGHT TO COLLECT MAINTENACE FEE IN ARREARS?

The association does not lose its rights at an auction. The lender cannot foreclose an association's lien. Although a lender's liability is...

I am married and in process of purchasing a home, does my husband have any right to the property?

Yes, as stated below, if he lives in it, he will have homestead rights in it, and will have to sign a deed if you sell. There is no way around...

What is the best way to organize the purchase and rental of a U.S. residential condo with two non-U.S. (EU citizen) partners?

There are several considerations when planning for this type of investment. Yes, U.S. LLC will negate Firpta, which requires withholding of 10% of...

Where i can find a real estate attorney who speaks italian? thanks

Please contact my office; my partner is a very experienced real estate attorney who is fluent in Italian.

What are pitfalls of a Canadian buying a short sale in Florida?

As a foreigner, you have to deal with the issue of FIRPTA (IRS withholding funds when you sell) and estate taxes (which are extraordinarily high...

Your question is unclear. Who sent the payoff? Whose attorneys? What title company? Certainly if the homeowner's association is unpaid, then...

I own a condo and owe back maintenance fees. Can the HOA put a lien on my condo even if the asociation is inactive?

I would need more information to answer this question. If by inactive, you mean that it doesn't collect dues from the unit owners, doesn't pay for...

Can I share ownership in a company with another person without forming a state-recognized partnership?

An LLC is a pass through entity and could meet your goals. Both members must be U.S. residents or citizens. But, I must give you a saying that...

I am thinking about selling my condo as a shortsale rather than doing a foreclosure.

You cannot be billed for 1099 taxes if it is your home. From what I understand, a short sale is better for your credit score than a foreclosure,...