The local housing market continues its’ climb this this month with the average sales price of a detached home in Jupiter up 65.2% compared to last year and volume is up 162%. WOW!
Back up Addendum to Far Bar As-Is Florida Contract
Today I had to educate an agent from another major company in the Jupiter area about how to use a Back Up Addendum. There’s not much to write here but I’ll do it anyway.
First, if the base Contract is a Far Bar then use the addendums intended for that Contract such as the Back up Addendum. Be sure to check the back-Up Contract box on the base Contract for this to be included as a rider. There’s only 1 blank to fill in on that Addendum and it’s a date that the back up Contract is good through. So let’s by example that the back up offer is willing to wait until say the end of the inspection period for the cash offer, then this would be the following day inserted as definate date like 15 Jan 2023.
What the agent in I mention above did is add verbiage to paragraph 20 ADDITIONAL TERMS that re-stated and contradicted the clear time lines in the base Contract. The Loan Approval Period, Inspection Period as well as the initial deposit and secondary deposits are all tied to the “Effective Date” which is defined in the base contract 3(b) but re-defined in the addendum and since the verbiage of an addendum controls over that of the base Contract then it controls and this is it: The “Effective Date” of this back-up contract shall be the date Seller delivers written notice of the termination of the prior executed contract.”
The time for the acceptance of the offer is as stated on the base Contract. It does not change. BUT the Closing Date should read, IMHO, something like ’45 days from Effective Date’.
Accessory Dwelling Units in Jupiter Farms
First, this is general information. If you really want to know for certain then call the Palm Beach county Planning & Zoning Department with your parcel ID and speak to the planner on call, then hire and engineer. Use this link to get the zoning information for your property and jot it down or print it out. Tired of dealing with Realtors who don’t know details like this? Call Chris at 561-626-8550.
ALL of Jupiter Farms is a ‘Rural’ Tier, AND outside of the Urban Services or ‘U/S Tier.’ Generally, lots with a house on them in Jupiter Farms are zoned AR. That’s an Agricultural Residential zoning district (which FYI includes it in the use restrictions generally noted as being for a ‘residentially zoned’ districts). The Future Land Use is Rural Residential 10, “RR 10” and note that Jupiter Farms is within the Jupiter Farms Neighborhood Plan.
In 2023 PB County changed the rules for Accessory Dwelling Units (ADU’s). For this discussion though the rules only changed slightly. A “conforming” lot in Jupiter Farms is 300’x300′ and 10 acres. MOST, but not all, lots in Jupiter Farms are still non conforming. What changed is Table 3.D.1.A…
And, the ever important foot notes…
Note that the typical Jupiter Farms lot IS going to be governed by footnote 3, and 2, for set backs as these lots do NOT meet the minimum for an AR zone with RR-10, or even RR-2.5 Future Land Use. They are “existing non-conforming” lots and this is what the information below assumes.
So let’s look at an example. A lot that it 165′ wide X 330′ deep. This is 1.25 Acres and thus an ‘existing non conforming’ lot for the AR (RR-10). The lot is less than even 200′ in width and thus does NOT meet the requirements of an AR (RR 2.5) lot being 300’x300′. Thus we use footnote 3 directs us to use footnote 2 for set backs…
But first we must check that we can do ANYTHING because there are max lot coverage requirements in the code. For our 1.25 acre lot let’s assume it has a descent sized 4,000 sf house on it. This is the total size of the building(s) (ALL BUILDINGS WITH A ROOF ON THEM) but would not include a pool or a screen enclosure, UNLESS it has a solid roof. But if you have other structures on your lot like a barn, pole barn, lien to, or anything with a solid roof then these WOULD BE ADDED to the 4,000 SF house roof number I am using.
Looking at Table 3.D.1.A again and we see that lot coverage must be less than 15%, so 0.15*165*330 = 8,167.5 sf. In this example we could have an accessory building that’s 8,167.5 – 4000 = 4,167.5 SF. A good sized barn but we want to know about ADU’s now that we know we have over 4k SF of have lot coverage to use!
Next. let’s walk through the set backs. Set backs are how far you must be from the respective property lines being front, rear and side. We are interested in “Accessory Quarters”…
So, we go back up to Table 3.D.1.A and footnote 3 again directs us to footnote 2…
BTW, footnote 4 is for buildings in the Urban Services Tier, which Jupiter Farms is NOT. Again, our example lot is 165’x330′. Thus the width is non conforming and so the side yard set back is 0.15*165=24.75′, say 25′. (33′ if there is a street along that side property line.) The depth is 330′ (>300′) and is thus it IS conforming for AR (RR 2.5 as per footnote 3 of Table 3.D.1.A) so the front yard set back is 50′ and the rear is 25′. The structure must ALSO be at least 5′ from any drainage easements. Generally these structures must be behind the front and side street yard set backs BUT there is a method spelled out to locate these CLOSER to those roadways. It’s very possible to put something in your front yard to share the existing driveway BUT…
Table 4.B.1.D shows us that for a Single Family “Primary Use” one MAY have “by right”, Permitted or P, the following: Accessory Quarters, an Estate Kitchen, or a Guest Cottage. Most folks reading this are looking to put in an “Accessory Quarter”, which is defined as:
Accessory Quarters
a. Definition
A complete, separate living facility equipped with a kitchen and provisions for sanitation and sleeping, located on the same lot as the owner-occupied principal dwelling.
b. Building Area
The use shall be subject to the following:
1) On less than one acre: a maximum of 800 square feet.
2) On one acre or more: a maximum of 1,000 square feet.
3) The floor area calculation shall include only the living area of the Accessory Quarters under a solid roof.
4) Additional floor area under a solid roof that is utilized as a porch, patio, porte-cochère, carport, or garage shall not exceed 500 square feet.
So, for our example one may have a 1,000 SF of air conditioned building space plus another 500 SF of non AC space (garage, patio) placed more than 25′ from the both the rear and side property lines.
An “Estate Kitchen” is “A second kitchen located within a principal Single Family, Zero Lot Line, or Farm Residence.”
A “Guest Cottage” is much like an Accessory Quarters BUT it is intended only for sleeping without a kitchen or separate utilities.
What is an Escalation Clause?
To start off with, please be smart and use the EAC-1 addendum prepared by the Florida Association of Realtors…
This is pretty self explanatory. Enter your offer price from the base Contract, then use this form to indicate what each increase is (say 1k to 5k) as the “Escalation Amount” above a competing offer, up to the maximum you are will to spend, the “Maximum Purchase Price” entered. If you’re offering cash then send along proof of funds up to the “Maximum Purchase Price”. IF YOU ARE OBTAINING A LOAN then be careful and ask your lender what will happen if the property fails to appraise, will the loan product allow for either option (a) or (b) to be utilized?
Source: Destination Escalation Clause?
As escalation clauses become more popular during this hot seller
Why does the Condominium or Home Owners Association need to approve the sale of Property?
This question came up recently as we (Realtors) all just seem to assume that if a house in a Home Owners Association or a Condominium Association that the Buyer MUST submit an application to be approved that association. This may or may not be the case.
So, if (IF) the recorded documents (or the non recorded rules IF the recorded documents are silent on the question of approval of a sale or lease or allow for the association to adopt rules) say that the association MUST approve a sale (or Lease) then this will be noted on the title insurance commitment but often times this is not received until well after the condo or HOA rider would require a Buyer to make application. IMHO it’s best to make an application. If the certificate of approval is not required by the Title Agent at Closing then no big deal.
What’s interesting is that places like Evergrene in Palm Beach Gardens still have not (as far as I can see) updated their recorded documents nor rules of the association to require sales and leases to be approved by the master association NOR for the condominium units at the Mansions at Evergrene.
Jupiter and Palm Beach Gardens Housing sales for March 2021
The sales numbers for March were just released by the Realtors Association and once again, no big surprise. The market is going up at a rapid rate and disproportionately so in the high end communities. Places like Admiral’s Cove in Jupiter and Old Palm in Palm Beach Gardens which historically had a a low “velocity” of sales have seen years of inventory absorbed in just a few months.
- « Previous Page
- 1
- …
- 45
- 46
- 47
- 48
- 49
- …
- 140
- Next Page »