A Title Search is a Must When Purchasing a Property

title searchOwner’s title insurance protects the owner of a property against any mistakes that may have been made during the title search. A title search is a search of all official records on the property. It guarantees that there are no other owners of the property, that the person selling you the property is the legal owner, and that there are no liens or encumbrances on the property.

If issues are found in the title search, then the title company will provide the closing agent with a list of items, called a Commitment, that need to be fixed before they can issue title insurance on the property. This list of issues may include an unpaid mortgage on the property, liens from contractors or other workers who were unpaid, property taxes that were unpaid, and more.

There have been horror stories throughout Florida of fake closing agents and fake title companies that will claim a property is free and clear without even performing a title search.

If the closing agent ignores these items, then they will not be covered by the title insurance, and they will become your debts.

This is why it is so important to choose a reliable, experienced closing agent, preferably a real estate attorney. Here at Boyer Law Firm, our experienced closing agents ensure that every item on the Commitment is fixed and that the title is truly free and clear.

Estate Planning: Positive and Negative Estate Assets

Positive and Negative Estate AssetsYour estate consists of all of the assets that belong to you; these estate assets may have a positive balance and add to the value to your estate, or they may have a negative balance amount and diminish the value of your estate.

Given that there are no loans or other negative balances, the following estate assets will add value to your estate:

-          Actual Money: Cash, checking and savings accounts
-          Certificates of deposit
-          Your investment portfolio: stocks, mutual funds, and bonds.
-          Your retirement funds: pension funds, 401(k), IRAs, and any other money reserved for retirement.
-          Profit-sharing funds with employer
-          Your possessions: your house, vehicles, boats, equipment, livestock, furniture, household appliances, jewelry, other valuables, etc.
-          Insurance products, especially life insurance
-          Your business: any funds or ownership interest of your business
-          Annuities that you have coming to you
-          Home equity
-          Anything else that you consider valuable, both sentimentally and monetarily.

Estate assets that carry a negative balance and will usually diminish the value of your estate are:

-          Mortgages
-          Unpaid Loans
-          Credit card debts
-          Outstanding judgments

When going through the estate planning process, it is important to asses all of your estate assets, both positive and negative in order to properly plan. If you need a will, trust, or assistance with other estate planning tools, contact Boyer Law Firm’s estate planning attorneys today.

South Florida Business on the Rise

South Florida BusinessAfter being hit hard by the Recession, South Florida businesses are bouncing back. Broward, Palm Beach, and Miami-Dade counties have seen a 3.6 percent increase in business compared to the national average of only 0.3 percent.

A large number of these businesses are created by an influx of foreign investment and local entrepreneurs, especially in tech start-ups, and it has greatly helped the South Florida business economy.

“South Florida is becoming this burgeoning start-up community,” said one tech entrepreneur who recently started a business in Fort Lauderdale. He also said that he and other local investor have more money to invest because “the real estate market is on the upswing, both commercial and residential.”

If you are interested in starting a business or purchasing a property in South Florida, contact Boyer Law Firm today. We can help you with incorporation services, investment visas, including E2 and EB5 visas, business planning, and more.

Source: Sun Sentinel

Open a Surf Park in Florida

surf park in FloridaThe new craze in the surfing community is surf parks, massive pools with repeating, artificial waves, and some believe these parks have the potential to push surfing into the Olympics.

A surf parks in Florida, even on the coastal cities, is still viable because they allow surfers to refine their skills and learn new tricks for when they go back out into the ocean.

The ideal business model behind these surf parks would be a 2-acre wave pool capable of generating waves of all sizes while maintaining a consistency among the waves.

Surf parks are an international business. The three biggest and best-known are Disney’s Typhoon Lagoon surf park in Florida, Wadi Adventure in United Arab Emirates, and Wavegarden, a price research and development site in Spain’s Basque country.

“Mother Nature stipulates that surfing only can occur where waves can be born. When man takes his hand to forming the waves, it unlocks the potential of surfing anywhere. And that is the most powerful thing,” said Doug Palladini, president of the Surf Industry Manufacturers Association.

If you are interested in opening a surf park in Florida, contact Boyer Law Firm’s business law attorneys today.

Source: Kansas City Star

Florida Owner’s Title Insurance Horror Story

Florida Owner's Title Insurance Horror StoryA Jacksonville mother and son decided to buy a property from someone who they thought was a friend without obtaining proper Owner’s Title Insurance. The three made a verbal agreement in which the mother and son would pay the friend a down payment and then monthly payments for the remainder of the purchase price.

This agreement was illegal because the Florida Statute of Frauds requires that real estate transactions have to be in writing to be enforceable.

After making payments on the property for a while, the mother and son learned the harsh truth: There were judgments against the property, the taxes on the property were delinquent, their “friend” not the owner of the property, and he was currently incarcerated.

The moral of the story is that there is no substitute or excuse for not performing a proper title search and obtaining Owner’s Title Insurance on any real estate purchase that you make.

It is so important to choose a reliable, experienced real estate attorney to perform this task. Here at Boyer Law Firm, P.L., our experienced closing agents can ensure that a proper title search is performed and that proper Owner’s Title Insurance is obtained.

Source: Florida Times-Union

Foreign Probate and Probate Process in Florida

Foreign Probate and Florida Probate ProcessProbate is a process for settling the deceased’s estate; it includes assessing assets, paying off debts, and distributing the remaining assets to the decedent’s beneficiaries.

If the decedent’s estate went through foreign probate in another country and the decedent had property or other assets in Florida, then the estate must also go through the probate process in Florida for those assets.

Similarly, if the decedent’s estate is goes through the probate process in Florida and the decedent had assets in another country, then the estate may be required to go through the foreign probate process in that country.

If you own property in Florida, then it is important to have a proper estate plan to make the probate process easier for your beneficiaries. These estate planning tools include wills, trusts, and more. If you have a will in another country or state, then you should still contact an estate planning attorney to ensure that your will is valid in Florida, as the requirements for validity may be different.

If you are currently acting as the executor of an estate, need to be named as the executor of an estate, or need assistance with estate planning, contact Boyer Law Firm’s estate planning attorneys today.

Florida Quick Service Restaurants

Florida Quick Service RestaurantThere has been a major increase in the popularity of Fast Casual restaurants, also known as Quick Service restaurants, in Florida. This segment led the restaurant industry growth in the second financial quarter of 2013, with overall traffic increasing by 8 percent.

The only other segment of the restaurant industry that sustained growth was the fine dining segment, with an overall traffic increase of 6 percent.

A quick service restaurant (QSR) is a type of restaurant characterized by its fast food cuisine and minimal table service. QSRs can be fast food restaurants, cafes, walk-up counters, and more.

Whether you are a U.S. resident who has always wanted to open a restaurant or a foreign investor who is interested in starting a business for a visa, a quick service restaurant can be an excellent investment.

Boyer Law Firm, PL, can help you with the start-up of a quick service restaurant, including incorporation services and business planning, or we can assist you in purchasing an existing QSR, so contact us today.

Source: South Florida Business Journal

Relocating to Florida

Relocating to FloridaNorthrup Grumman Corp. has filed plans for its $80 million Hawkeye manufacturing plant, which is expected to create 400 jobs in Northeast Florida, and they are not the only company that is creating jobs. As a result of these new jobs, many people are relocating to Florida from other states and countries.

Relocating to Florida can be a real headache if you don’t have someone to help you. The first thing that should pop into your mind is finding a place to live. Boyer Law Firm’s real estate attorneys can give you piece of mind through this process from finding a house, all the way through the closing. We have purchased many homes for both domestic and international clients, so we are experts in managing situations in which the client cannot be present at our office.

The next thing that people usually don’t think about when relocating to Florida is Estate Planning. Even if you have drafted a Will and other Estate Planning documents in another state, they may not be acknowledged in Florida. Florida may require certain things, such as witnesses and notarization that another state did not when you drafted your Will.

Taxes may also differ when you cross state lines. By scheduling a planning meeting with Attorney Boyer, he can explain to you the difference in the laws and answer any questions you may have.

So no matter what reason you are relocating to Florida, contact Boyer Law Firm today to help you with your real estate, estate planning, tax needs, and more today!

Welcome To Florida!

Investment Visas: E2 Visas

E2 VisaIf you want to come live and work in the US, a great way to do so is through an investors’ visa, such as an E2 visa. In order to qualify for an E2 visa, the country you are a citizen of must have a treaty with the US.

An E2 visa requires the applicant to invest a substantial amount of money in a new business or purchasing a current business and invest in its improvement or restoration. Simply investing in real estate or other passive investments will not qualify you for an E2 visa; the investment must be made into a business.

In addition to your initial investment, you must demonstrate that the business is a real, active and operating enterprise that will be able to be maintained and generate a profit of more than a marginal degree.

There is no definition for the terms “substantial amount” or “marginal degree;” those amounts vary depending on the type of business in which you want to invest. Here at Boyer Law Firm, we have assisted clients in obtaining an E2 visa for restaurants, gas stations, wholesale distribution, hotels, software companies, and more.

If you think you may qualify for an E2 visa or other investment visa, contact Boyer Law Firm today.

Florida Tourism: 100 Million Goal to Boost Florida Businesses

Florida TourismGov. Scott has challenged Florida tourism to attract 100 million visitors per year, compared to the 91.5 million visitors the state saw in 2012, in order to grow Florida business in multiple industries.

Despite the recession, Florida tourism has grown 2.4 percent over the past decade.

Florida tourism boosts not only the tourism industry, but also the retail industry, construction industry, and many other sectors. If achieved, the goal is estimated to create 121,298 jobs in Florida.

Now is the time to start or invest in a Florida business while Florida tourism is up and the state is initiating incentives for entrepreneurs to open businesses in the Sunshine State.

Whether you are interested in starting a restaurant, retail store, tourist attraction, or another Florida business, Boyer Law Firm’s business law attorneys can assist you every step of the way.

Source: South Florida Business Journal

 

How to Lose Your Property: Don’t Do a Title Search

Title searchWhen purchasing a property, one of the most important things is to perform a proper title search and purchase title insurance. If you do not, then you could very easily lose that property.

Forgery:

If a title search is not performed, then there is no way of knowing that the person selling you the house is the actual owner of the house. They could be a neighbor who knows that the actual owners go out of town for several months a time. They could have an ex-spouse, sibling, or other person on the title who does not want to sell the property. If you purchase a house from someone who is not the owner, or is just a partial owner, then you DO NOT own the house.

Contractor’s Lien Claim

If the person you buy the house from has had work done on the property and did not pay the contractor, or the contractor did not pay the sub-contractors, sub-sub-contractors or materials men, then there will be a lien, or debt, placed on the property. If you do not perform a proper title search, then this debt will become yours when you purchase the property, and the lien placed could potentially be more than the value of the property.

Easement

An easement occurs when a piece of the property extends onto another person’s land. If this easement is done without permission of the land owner, then the new owner of the property could be forced to deconstruct the portion of the structure that is located on that property, costing them time and money.

Zoning and Building Restrictions

These can also be detrimental to a purchaser who does not perform a title search. What if you purchase a property to start a business only to find out that it can only be used for residential purposes? You are out of luck. What if the building that you purchased is not up to code or building regulations? It is now your responsibility to fix it, once again costing you time and money.

The best way to prevent any of these situations from happening is to hire an experienced real estate attorney to ensure that a proper title search is performed and that you receive title insurance on the property.

We Will Never Forget

American flag words patriot day september 11, 2001

Banks Prefer to Sell to Florida Real Estate Investors Who Pay Cash

Florida Real Estate InvestorsSouth Florida has the nation’s highest foreclosure rate, which means that it has a large supply of bank-owned properties. These banks prefer to sell to Florida real estate investors who pay cash, which is why 69% of South Florida home sales were paid with cash, and 66% of home sales were cash across the state of Florida.

“The banks have an urgent need to get these bad loans off their books as soon as possible,” said the founder of a South Florida club for investors. “They’re willing to sell for 30 percent less to a cash buyer rather than waiting for a buyer with a mortgage.”

The majority of those paying cash for these properties are foreign Florida real estate investors who view condominiums as a safe investment, profiting from renting out the units of the property. If you are interested in purchasing a home in South Florida, contact Boyer Law Firm’s real estate attorneys today.

Source: Sun Sentinel

Fishing in Florida is a $5 Billion Industry

Fishing in FloridaFishing in Florida is a $5 billion business that supports more than 80,200 jobs.

Fishing supports several industries including retail, boat manufacturing and repair, research, and tourism. The majority of fishing expenditures goes to trip-related expenses, including food, lodging and transportation. These expenditures totaled $2.8 billion in 2011.

Florida has more than 2,270 miles of tidal shoreline and more than 11,000 miles of waterways. The climate in Florida also allows for year-round fishing. Approximately 46 million Americans fish, which is more than the number of those who play golf and tennis combined.

If you are interested in starting a business related to fishing in Florida, including tackle sales, retail stores, hotels, and boat manufacturing and repair, contact Boyer Law Firm’s business law attorneys today. We can help you with every aspect of your business, including planning, incorporation, and more.

Source: Florida Trend

Florida Deeds and Florida Real Estate Closing Attorneys

Florida Real Estate Closing AttorneyA Florida deed is the legal document that is issued to transfer the ownership or interest in a piece of real property.

The two most common ways to transfer ownership of real property in Florida is through either a Warranty Deed or a quitclaim deed. In both cases, the grantor is the person who is selling, or relinquishing their ownership of the property, to the grantee.

All Florida deeds must be signed by the grantor in the presence of a notary public.

A warranty deed provides protections including verifying that the seller is who they say they are and the assurance that there is a clear title, meaning that there are no liens on the property. This assurance is done through a title search performed by a Florida real estate closing attorney or agent.

A quit claim deed is when the grantor does not wish to make any warranties to the grantee. The deed simply transfers all the “right, title, and interest“ to the grantee. Although a quit-claim deed is usually a cheaper option, it is usually not the best idea because it does not guarantee that the grantor is the actual owner of the property, and it does not guarantee that the property is free of liens or encumbrances.

If you are looking to buy or sell a property, it is important to hire an experienced Florida real estate closing attorney to ensure that the transaction is done correctly.

Happy Labor Day

Happy Labor Da

Investing in Florida Commercial Real Estate

Investing in Florida Commercial Real EstateCommercial real estate is a property that is designed solely for business purposes in order to make a profit. Types of commercial real estate include malls, office parks, restaurants, gas stations, convenience stores, and office towers. Industrial real estate, which is used for manufacturing and production purposes, can also be considered a type of commercial real estate.

Investing in Florida commercial real estate can produce a great income for the owner, but it usually requires a considerable amount of start-up capital. Also, you should be sure to have assistance in the legal, financial, and regulatory aspects of owning a piece of Florida commercial real estate.

Boyer Law Firm’s real estate attorneys can help you with every aspect of owning a Florida commercial real estate property including finding the property, negotiating the Purchase/Sale agreement, the closing on the property, drafting and reviewing leases for tenants, and much more. Contact us today to see how we can help you invest in Florida commercial real estate.

Although simply investing in Florida commercial real estate is not a path to an investors’ visa, Boyer Law Firm may be able to help you create a business that buys, sells, and manages real estate. If the investment is great enough, it may lead to an investors’ visa, such as an E2 or EB5 visa.

Hands-off Approach Enticing People to Open a Business in Florida

Open a Business in FloridaThe Florida government is having a more hands-off approach to business, and this practice seems to be attracting more entrepreneurs who want to open a business in Florida.

Governor Rick Scott stated the following reasons that businesses are attracted to Florida:

-          The state has cut 2,600 regulations

-          The state has reduced business and property taxes

-          The state has cut sales tax on machinery equipment

“There’s no company in this country that shouldn’t want to be headquartered in this state and grow in this state,” Gov. Scott said.

If you are interested in starting a business in Florida, domesticating a foreign entity, or need advice about how to open a business in Florida, contact Boyer Law Firm’s business law attorneys today. If you are not a US citizen and are interested in investing in a business, this could also be a path toward an investors’ visa.

Source: NFW Daily News

Tips for Purchasing a Florida Home

Florida HomeRent is increasing not only in South Florida, but throughout the State. As a result more and more young people and younger families are purchasing their first Florida home. If you are in this position, here are some tips that will help you:

-          Consider whether renting or owning a property is best for you

-          Consider if you will rent or stay with family while saving for a down payment

-          Make the largest down payment you can, as this will affect your mortgage payments most

-          Shop around for mortgage lenders. Pay attention to interest rates and fees.

-          Choose a home that you can see yourself living in for at least 5 years;

-          Maintain good credit

Whether you are just beginning your search for a Florida home or you already found the home of your dreams, contact Boyer Law Firm’s Real Estate Attorneys today. They can help you with everything from finding a home, to drafting the contract, all the way through the closing.

Technology Businesses: Learn from these Mistakes

technology businessesTechnology businesses are on the rise in Florida, but you need to be careful of these pitfalls if you are thinking about starting a business in this industry.

Futuristic devices and new technologies always interest the American public, but certain pitfalls, such as failed marketing strategies, defects in the tech products, high costs, competition and/or a lack of interest from the public, can cause the product and technology company to fail. Here are some examples:

The Segway: Few embraced this new technology because it failed to fulfill a need in the population. Also, Jimi Heselden, the owner of Segway, Inc. died in September 2010 when he drove a Segway scooter off a cliff into a river contributing to a negative perspective from the American public.

Betamax videotape recorder: This product failed because it lost the competition for popularity to VHS.

Microsoft BOB: This operating system released in 1995 failed because of how hard it was to use. Many other software and operating systems have failed for this same reason.

TwitterPeek: This device was designed to replace smartphones with an all-tweet alternative. Its limited use led to its ultimate failure.

Ping: This social networking system released by iTunes in 2012 due to competition from Facebook and Twitter. iTunes decided to launch an integration with these social networking sites as an alternative.

Satellite Phones: This new technology failed due to the high cost and unreliable service.

Avoid these pitfalls by making sure that you have a reliable product, a public need for the product and a solid business plan.

If you are interested in creating a technology business, contact one of Boyer Law Firm’s business law attorneys today.

US Subsidiaries and Branch Offices

US SubsidiaryBoth branch offices and subsidiaries are separate locations where business is conducted from the main office of the corporation. The major difference between these is that a subsidiary is a separate legal entity, while a branch office is the same entity as the parent, or larger, corporation.

Although branch offices are sometimes a good idea for domestic companies, it is usually a better idea for foreign corporations to setup US subsidiaries to conduct business in the US for both tax purposes and liability issues.

Subsidiaries can be formed by purchasing a controlling interest in an existing company or by creating the company itself. The most common forms of subsidiaries are corporations or LLCs. The parent company has a duty to the subsidiary to promote the subsidiary’s corporate interest, act in its best interest, and to maintain a separate corporate identity. If the parent company fails to meet these requirements, the courts will view the two entities as one for liability purposes.

**Remember, if you are not currently conducting business in Florida and you want to setup a branch office or subsidiary, you must register to do business in Florida.**

If you are interested in setting up US subsidiaries or registering to do business in Florida, contact Boyer Law Firm’s business law attorneys today.

Increased Rent in South Florida Means Time to Buy

Rent in South FloridaThe cost of rent in South Florida now often matches or exceeds the cost of the mortgage on the property. This is good news for homeowners, especially those who own properties that they rent out.

The median price for a home in Miami is $130,000, and the average rent has climbed to $1,236.

A study by the national housing group says that the increased rent in South Florida is due to depressed real estate values and a limited number of homes available, leading to an increase in rent rates. Rental properties are a good source of income, and with the reduced value of real estate property, now is the time to buy.

If you are interested in purchasing a rental property or apartment complex, or if you are tired of paying rent and are interested in purchasing a home, contact Boyer Law Firm’s real estate attorneys today.

Buy a Florida Mansion for the Price of an English Flat

Florida Mansion for the Price of an English FlatHouse prices in England and Wales reached an all-time high in July primarily due to a huge demand for property. Due to these high home prices, many English residents are buying real estate elsewhere, including Florida.

The average price of a two-bedroom flat or maisonette in Wales is currently £230,000, or approximately $357,098.00. According to YourMoney.com, you can get a Florida mansion for the price of an English flat, specifically a five bedroom home complete with theater room, billiard room, and a swimming pool with a mini-waterfall in a gated golf complex in Winter Garden, Florida.

There are many beautiful properties throughout Florida. Whether you are interested in purchasing a summer home or a permanent residence in Florida, contact Boyer Law Firm’s Real Estate Attorneys today.

Source: YourMoney.com

Credit Card Surcharges in Florida are Illegal

Credit card surcharges in FloridaMerchants are prohibited from charging customers a credit card surcharge in Florida, which can often be as high as 3.5%.

While there are exceptions to every rule, Florida Statute 501.0117 states:

“A seller or lessor in a sales or lease transaction may not impose a surcharge on the buyer or lessee for electing to use a credit card in lieu of payment by cash, check or similar means, if the seller or lessor accepts payment by credit card. A surcharge is any additional amount imposed at the time of a sale or lease transaction by the seller or lessor that increases the charge to the buyer or lessee for the privilege of using a credit card to make payment.”

Despite this clearly defined law, many merchants still charge buyers a credit card surcharge in Florida, and some Florida attorneys even have a surcharge clause in their fee agreements!

Visa, Mastercard, Discover, and American Express are allowed to charge processing fees to merchants, and in a landmark agreement following a class action suit, the credit card companies recently started permitting merchants to pass on their processing fees to consumers, but Florida still bans this practice.

Lawmakers have told merchants that they may deduct these fees as a business expense on their taxes, but they cannot pass the charge on to consumers. However, merchants are allowed to offer a “cash discount.” This is when the merchant will said the price of the item is $50, but they will reduce the price to $47 if you pay cash.

Source: Boca News Now

France Tops List of Foreign Real Estate Investors in Miami

Foreign Real Estate Investors in MiamiFrance topped the list of consumers searching for properties in Miami on the Miami Association of Realtors’ website in June, second only to the U.S. This is the second time this year that France has topped the list of foreign real estate investors in Miami this year; the first time was in April.

France consistently ranks in the top seven countries for foreign real estate investors in Miami, higher than any other European Country.

This growth is believed to be due to Miami’s exhibitions at the Paris expo since 2005 and the agreement they signed that same year with FNAIM-Paris- Ile de France, the real estate association of Paris.

“It is very impressive to see Miami’s global prominence as we increasingly attract more consumers from a more diverse group of nations,” said MIAMI Association of REALTORS Residential President Fenando I. Martines. “Foreign buyers and investors have fueled the strengthening of the Miami market unlike any other city in the U.S.”

Other countries that topped the list of foreign real estate investors in Miami included Canada, Brazil, Venezuela, and Argentina.

If you are interested in investing in real estate in Miami or another part of Florida, contact Boyer Law Firm’s real estate attorneys and closing agents today!

Baby Boomers and Florida Businesses for Sale

Baby Boomers and Florida Businesses for SaleRetiring baby boomers are the No. 1 reason that entrepreneurs are putting up their Florida businesses for sale according to a nationwide survey. As this generation moves into retirement, it allows young entrepreneurs the opportunity to buy an existing business rather than start one from the ground-up.

“Many boomers would have sold in 2009 or 2010, but they were blindsided by the recession and had to hold on much longer than expected,” said Berkowitz Acquisitions President Barry Berkowitz. The first of the baby boomers are now 67 years old.

If you are thinking about buying one of the existing Florida businesses for sale, it is important to do an analysis of the business to see if it has been profitable in the past and to determine whether or not it will be profitable in the future. This includes making sure the business has good financials and a solid customer base.

Boyer Law Firm has helped entrepreneurs of all ages buy existing businesses. Our business law and real estate law attorneys can assist you with everything from the analysis of the business to the initial contract, through the closing of the sale, and even with business advice and expertise to help you continue to run the business after you have purchased it.

Source: Florida Today

Choosing a Name for Your Florida Business

Choosing a Name for Your Florida BusinessWhen incorporating your business in Florida, choosing a name for your Florida business is very important. Although it is a good idea to be creative, it is more important to choose a name that conveys to your customers what you do and how you can help them.

“[Your business name] represents in words what you do, and it must be vetted very carefully to ensure it says the right thing,” Jerry Osteryoung writes. “Jones Services could be just about anything, whereas Awards4U leaves little room to wonder.”

Osteryoung also suggests that the business name may need to change over time as your business’ goals and services change and grow. For example, Florida Business XYZ may become US Business XYZ or Global Business XYZ when it starts doing business in places other than Florida; otherwise you are alienating part of your client base.

In Florida, you cannot have the same legal name as another company; however, you do have the option to register your company under a fictitious name, also known as a “Doing Business As” or “DBA” name. Companies that register a fictitious name do not have the legal rights to that name.

For more information about incorporating your business in Florida, choosing a name for your Florida business, changing the name of your business, registering a fictitious name, or other business planning services, contact Boyer Law Firm’s business law attorneys today.

Source: Florida Trend

Historically Significant Houses in Jacksonville

Historically Significant Houses in JacksonvilleWhen most people think about Jacksonville, they do not think about the historical aspects of the city, including the historically significant houses in Jacksonville built in the 19th Century.

A house on Palmer Terrace, off Atlantic Boulevard, is one of the historically significant houses in Jacksonville that recently sold for around $700,000. It was built in 1882 by Judge Rhydon Mays Call, a U.S. district court judge. Call’s father was a state senator and Confederate Army general, and his grandfather was a personal aide to Andrew Jackson and a twice territorial governor of Florida.

“It’s really one of the few houses still remaining from that era,” said Wayne Wood, author of “Jacksonville’s Architectural Heritage.” Most of the historically significant homes in Jacksonville were winter homes for wealthy northerners, but Call’s home was his residence.

Buying one of the historically significant houses in Jacksonville can be very rewarding, but the buyer must be careful.

Keys to Orlando Business Success

Orlando Business SuccessCentral Florida and Orlando business success is due to three things according to the Orlando Business Journal: Business incubators, demographics, and tourism.

A business incubator is a program designed to support entrepreneurism through business support resources and services. The University of Central Florida already has a Business Incubation Program, and they plan to create two new programs: one for international companies trying to break into the U.S. Market, and one for military veterans looking to start a business.

“We will give them flexible leases on space and a proper introduction to the community to spread the word,” Gordon Hogan, director of the UCF Business Incubation Program, said.

Demographics in Central Florida are strong and growing, and they are a contributing factor to Central Florida and Orlando business success.

“Our market is on a good trajectory, and we also have a good quality of life,” UCF Economist Sean Snaith said. Central Florida also benefits from post-secondary schools in the area, including UCF, community colleges, and specialty schools like Full Sail University.

Tourism is Central Florida’s top industry, making it a major contributor to Orlando business success. Disney World and Universal Studios attract people from all over the world including professionals that bring new ideas to the area.

If you are interested in starting or running a business in the Central Florida, contact Boyer Law Firm’s business law attorneys today!

Source:  Orlando Business Journal

St Johns Town Center Entices Retailers

St Johns Town CenterThe success of St Johns Town Center is enticing retailers to come to Jacksonville.

St Johns Town Center has almost everything: clothing stores, such as Louis Vuitton, bebe, Lacoste, Coach, and Express; restaurants, such as J. Alexander’s, The Cheesecake Factory, and PF Chang’s; nightclubs, such as Whiskey River; Dick’s Sporting Goods, Target, Costco, and so much more.

It is equidistant from the wealthiest areas of Jacksonville, which a tremendous draw for retailers. The town center is fairly new to Jacksonville (its creation started only a few years ago), and locals can’t believe how successful it has become.

“Growing up in Jacksonville and knowing the JTB used to be essentially sand dunes and the Town Center was a dairy farm – looking at it now it’s the retail epicenter of Jacksonville,” said Patrick McKinley, leasing agent with Regency Centers Corp.

Trader Joe’s, Lush Fresh Handmade Cosmetics, Recreational Equipment Inc., and Nordstrom Inc. have all landed deals at St Johns Town Center. If you are interested in starting a retail business in Jacksonville, contact Boyer Law Firm’s Business Law Attorneys today.

See a full list of the stores in St. John’s Town Center here.

Source: Jacksonville Business Journal