After practicing real estate law in Boston for nearly 10 years, attorney Henrietta Feldman opened her own law office in Palm Beach, Florida. Henrietta Feldman provides legal counsel and services to clients involved in commercial and residential real estate transactions and disputes. During real estate transactions, buyers can demonstrate their interest in a property by putting down a small deposit. In Florida, this deposit is generally placed in an escrow account and managed by a third-party escrow agent. Only real estate agents licensed in the state of Florida can act as escrow agents. If the buyer closes the deal, the amount in escrow is applied to the final purchase price. However, if the sale doesn’t happen, the deposit must remain in escrow until approved for release by both parties. Though funds are usually returned to the buyer, there are certain situations where the seller is entitled to the escrow amount. This could include breaches of contract or a lapsed deadline. Deposit disputes can be resolved in several ways. Some common routes are arbitration, mediation, or civil actions.
Henrietta Feldman is an experienced real estate attorney in Palm Beach, Florida. As the owner of her own law firm, Henrietta Feldman takes on clients dealing with matters of commercial and residential real estate law in both Florida and Massachusetts.In 2017, Trulia listed the 10 most active real estate markets in the United States, with each of the top three positions going to Florida. In 2018, the real estate forecast calls for even more action throughout the state. Deltona and Lakeland are particularly interesting markets.Residential properties in Deltona, Florida, have an average listing of $275,050, or about $159,000 within the city limits. However, industry insiders expect to see the market change with a 5.5 percent increase in sales and a price growth rate of 6 percent. Deltona’s location is a key selling point, as the city is just 30 minutes from both Orlando and Daytona Beach.Lakeland also provides investors and homebuyers with a prime location. Located 40 minutes east of Tampa and about an hour’s drive from Orlando, Lakeland is an ideal location for commuters who are interested in cutting costs. Homes in the greater Lakeland area typically sell for about $225,000, though 2018 is expected to bring sales and price growth rates of 3 and 7 percent, respectively.
Henrietta Feldman has practiced real estate law since 1999. Currently based in Palm Beach, Florida, Henrietta Feldman draws on an in-depth knowledge of deed-restricted communities and other regulations related to real estate.Deed-restricted communities are common in the state of Florida. They operate under the oversight of a homeowners association, which receives regular fee payments from its members in exchange for enforcing pre-set community rules. These rules cover a variety of aspects of home maintenance and appearance, ranging from the color of exterior paint to the number of people who can live in a home at any given time.Many people enjoy living in deed-restricted communities because they offer the certainty of a well-kept neighborhood and, often, esthetics that align with the homeowner's values. However, experts recommend that potential buyers carefully read all deed-restriction language of a homeowners association agreement, because signing such an agreement can place the homeowner at risk of fines for failing to abide by regulations. Furthermore, Florida state law allows a homeowners association to begin foreclosure proceedings on a member homeowner who fails to pay dues or fees for special assessments.
