Affordability and Land Use

Bilzin Sumberg is proud to announce thatStanley B. Price andAlbert E. Dotson, Jr. were recognized by theDade County Bar Association (DCBA) as 2016 "Legal Luminaries." The awards, which were based on majority vote by members of the DCBA in good standing with The Florida Bar.

New York City's new pied-à-terre tax imposes up to 6.5% annual surcharges on high-value NYC homes not used as a primary residence. A court order has paused rollout, but Florida residents and foreign owners should act now to review exposure and structuring options.

This article provides practical guidance for mortgage loan sellers and originators evaluating, responding to, and negotiating repurchase demands. It outlines steps sellers can take to respond without waiving any rights under a loan purchase agreement.