Report from 2019 Real Property, Probate and Trust Law Section of The Florida Bar Annual Convention

As we reported in the last issue of Council Connections, Attorneys’ Real Estate Councils of Florida (Florida ARECS) is now a sponsor of the Residential Real Estate & Industry Liaison Committee of the Real Property, Probate and Trust Law Section of The Florida Bar (RPPTL).  The Fund generously paid to sponsor this important RPPTL committee on behalf of Florida ARECS so we can partner with a key industry organization and share the message of the Real Estate Councils with real estate attorneys from across the state.  Here is a report from the 2019 RPPTL Annual Convention.

The various Real Estate committees met during the Convention to discuss a variety of issues affecting what you do every day including:

Joint meeting of Commercial Real Estate & REST– CLE Presentation on “Issues When Parties to a Transaction are Abroad or are Foreign”;

Condominium and Planned Development- Discussion of Legislation and Subcommittee Reports;

Joint Meeting of Insurance and Surety & Construction Law – CLE Presentation on Insurance coverage for construction defects under a homeowner’s policy;

Residential Real Estate & Industry Liaison– Florida ARECS Past President and Director Frederick W. Jones presented a sponsor update on Florida ARECS’ recent accomplishments.  The Committee received an update on the regulation of Third-Party Vendor Fees and an update on the Florida Realtor®-Attorney Joint Committee; and

Florida Realtors® - Attorney Joint Committee Meeting – This Florida Bar committee discussed new open permit legislation, PACE loans and the Miami-Dade County Special Taxing District Ordinance 18-20.2, passed by the Miami-Dade Board of County Commissioners on March 15, 2019.  The ordinance requires a notice to appear on a sales contract or addendum when improved property, zoned for residential use and previously sold for the purpose of individual owner occupancy, evidences a special assessment on the prior year’s tax bill.  Contracts entered into after June 12, 2019 must include a disclosure

As a result the Joint Committee worked quickly to prepare a new Comprehensive Rider to the FR/BAR contracts, “CC.  Miami-Dade County Special Taxing District Disclosure”, to meet the disclosure requirements outlined in the ordinance, which has been approved by The Florida Bar and Florida Realtors.  It was released to be effective June 14, 2019, when the Ordinance was to take effect.  If you are a RPPTL member you can obtain a copy of the new Rider on the Section website, at the Residential Real Estate & Industry Committee homepage, or through FLSSI.

Finally, Florida ARECS would also like to congratulate real estate attorney John M. Stewart, who was sworn in as the 71st President of The Florida Bar during the Annual Convention.  Stewart is a partner at Rossway Swan Tierney Barry Lacey & Oliver, P.L. in Vero Beach.  His father, William Stewart, also a partner at Rossway Swan, has been board member with the Indian River Real Property Council for many years.  Congratulations to the Stewart Family!