Broward Florida Option to Lease Real Estate - Short form for recording

State:
Multi-State
County:
Broward
Control #:
US-60943
Format:
Word; 
Rich Text
Instant download

Description

This form is an option to lease real estate. This short form is recorded to serve as public notice. This form serves as notice to the lessor of the exercise of the option during the term as provided in the long form will convert the option into a contract to lease. The lease, when and if executed, would extend upon exercise of all options for a period not to exceed a certain number of years from the effective date.

Broward Florida Option to Lease Real Estate — Short form for recording is a legally binding document used in Broward County, Florida, that outlines the terms and conditions for leasing real estate. This form is specifically designed to be concise and straightforward, making it ideal for recording purposes. It helps landlords and tenants establish a clear understanding of their rights and obligations while minimizing potential disputes in the future. Keywords: Broward Florida, Option to Lease, Real Estate, Short form, recording. Different types of Broward Florida Option to Lease Real Estate — Short form for recording may include: 1. Residential Option to Lease: This type of short form is used for leasing residential properties such as single-family homes, apartments, condominiums, or townhouses in Broward County, Florida. It outlines the essential terms related to the tenancy, including the duration of the lease, rent amount, security deposit, maintenance responsibilities, and any specific conditions agreed upon between the landlord and tenant. 2. Commercial Option to Lease: This short form is tailored for leasing commercial real estate spaces in Broward County, Florida. It covers details specific to commercial properties, such as the permitted use of the space, provisions for modifications or improvements, rent escalation clauses, security deposit requirements, and any terms related to the use of shared common areas or utilities. 3. Retail Option to Lease: Designed specifically for retail leases in Broward County, Florida, this form addresses unique considerations related to commercial spaces specifically used for retail purposes. It may include provisions related to leasehold improvements, obtaining necessary permits for signage or retail displays, compliance with zoning regulations, exclusivity clauses, and marketing requirements. 4. Industrial Option to Lease: This short form caters to leasing industrial properties, including warehouses, manufacturing facilities, or distribution centers in Broward County, Florida. It focuses on aspects specific to industrial use, such as permitted activities, operating hours, storage limitations, liability for hazardous materials, and any additional requirements dictated by local or national safety regulations. Overall, Broward Florida Option to Lease Real Estate — Short form for recording offers a convenient way to record lease agreements in Broward County, Florida, ensuring both landlords and tenants have a clear understanding of their rights and responsibilities.

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FAQ

You can eRecord your documents online through Simplifile right now in Broward County. You don't have to leave the office, use the mail, or stand in line saving you time and money. If you have a PC, high-speed internet access, and a scanner, you have what you need to start eRecording in Broward County.

You may also contact the Broward County Call Center at 954-831-4000 for further assistance. If you are not able to locate a copy of the survey, you should contact a survey company for information about obtaining a new survey for your property.

Portability is the difference between the Property Appraiser's Just Value of a property and the Save Our Homes value of that property. Portability allows you to transfer up to $500,000 of your property's actual 3% assessment cap to your new property anywhere in Florida.

'Portability' in Florida refers to the ability of a property owner to transfer some or all of the 'Save Our Homes' benefit on a previous homestead to a newly established homestead. A homeowner must have a Homestead Exemption in place on their current residence to qualify for Portability.

If you are eligible, portability allows most Florida homestead owners to transfer their SOH benefit from their old homestead to a new homestead, lowering the tax assessment and, consequently, the taxes for the new homestead.

All of the co-applicants must sign and date the application. SUBMITTING YOUR PORTABILITY APPLICATION TO OUR OFFICE: Applications may be faxed to our office at: 954-357-6188 Applications may be mailed to our office to: Broward County Property Appraiser, Attn: Customer Service, 115 S.

A: Portability, also known as the Transfer of Homestead Assessment Difference, is the ability to transfer the dollar benefit of the Homestead CAP from one Homestead to another. The Homestead CAP is the difference between market value and assessed value, often known as the Save Our Homes Benefit.

A recorded copy of the N.O.C. can be submitted with the permit application, or made available on the job site during your first inspection. A Notice of Commencement is not required for the repair or replacement of an existing heating or air-conditioning system in an amount less than $7,500.

If your new residence has a higher market value than your former residence, the portability amount is determined by subtracting the assessed value of the former home from its market value.

Recording charges are $10.00 for the first page and $8.50 for each additional page of the same document.

More info

A renttoown lease agreement is a standard rental contract with an added option for the tenant to purchase the property. Option agreement to buy land must be in the appropriate form.Key Terms in Option-to-Purchase Agreements Nolo. Homeowners have three options: 1) do nothing (not recommended!); The FAQs below contain general information to assist in the administration of tangible personal property tax. A deed to real property becomes a public document when it is recorded with the Recorder of Deeds subsequent to delivery and acceptance. In residential real estate, the option is usually combined with a lease, hence the name lease option, lease purchase or renttoown. Florida Statute 196.

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Broward Florida Option to Lease Real Estate - Short form for recording