Shareholder Quino Martinez and Associate Emmett Egger discuss key changes to Florida Statue on transferring land & real estate
Effective July 1, 2020, witnesses’ signatures are no longer needed for residential and commercial leases. The amended Section 689.01, Florida Statutes, removed the requirement that a landlord’s signature on a lease must be witnessed by two subscribing witnesses when the term of a lease is longer than one year.
Many may be delighted by this change in the law as landlords no longer have to secure two witnesses to execute a lease (which since COVID-19 may include coordinating a video conference where the landlord and the witnesses electronically sign). This will save landlords valuable time and possibly money.. [...]
This is an excerpt from a blog post originally written on Lowndes Leasing Lawyers. To read the entire post, click here.
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