The RAPB+GFLR just released the July 2020 housing sales numbers and it shows what we on the ground know. Product is flying off the proverbial shelf. Locally here that’s folks from the northeast, and north in general, moving to the area. I can live for the next year in a small house worth 2M up north or I can live in a palace in Jupiter for the same money. Oh, and Florida doesn’t have an income tax.
Can I build a guest house on my property in Caloosa?
Caloosa is located in an unincorporated area of Palm Beach County to the west of Palm Beach Gardens and Jupiter in the Agricultural Residential Zoning District (AR) with a Rural Residential – 10 Future Land Use. Lots in the AR Zoning District are considered conforming with a measurement of 300 width x 300 length. ALL lots in Caloosa are 5 acres so they meet this dimension requirement so we look at Table 3.D.1.A for setbacks and lot coverage.
NOTE that there are 2 different types of accessory structures:
- Accessory dwellings with a kitchen.
- Guest Cottage with NO kitchen.
Jupiter Farms has non conforming lots so they’re a bit different.
Where the lots in Caloosa are all 5 acres and thus conforming to the current zoning district then the property may have EITHER of these structures, as long as they meet the required setbacks in Table 3.D.1.A. AND subject to the approval of the Caloosa HOA association.
BTW, ALL building heights are governed by Chapter 3 of the ULDC and that limits height to 35′ to the mean roof height in Article 3.
Closing delays and the Consumer Finance Protection Bureau Closing Disclosure
Can a real estate closing be delayed because the Buyer has not been provided with a Closing Disclosure? In short yes.
2021 update. I will focus on the FAR BAR As-Is Contract effective 1 Nov 2021 as that is what is used in Florida for 90% of all transactions. The applicable paragraph is:
![](https://randrflorida.com/wp-content/uploads/2021/12/image-5-1030x146.png)
The first question is: Is paragraph 8(b) checked? Is the transaction subject to financing approval. If your reading this then I suspect it is yes. Has Loan Approval been obtained? Is the lender’s underwriting complete? One can not use this to extend the Closing for further underwriting review or because (insert story). It may only be used if the CFPB requirements are applicable AND not yet satisfied and may only extend the Closing Date for 7 days.
The CFPB Requirements state that the consumer (Buyer/Borrower) must have the CD at least 3 business days prior to the date the consumer is scheduled to sign the loan documents and note that this date may or may not be the Closing Date if the Buyer is a “mail away” closing.
Read this for the items which will require a new CD to be issued.
Note that it can only be extended as “necessary to satisfy CFPB Requirements” and then only for 10 days and that’s 10 calendar days.
3154 San Michele Drive, Palm Beach Gardens, FL 33418
3154 San Michele Drive, Palm Beach Gardens, FL 33418 in the gated community of San Michele.
The Heart of the Palm Beaches. Located in beautiful San Michele Estates in Palm Beach Gardens, 4460 sq ft Custom built estate home with expansive long lake views. 4 bedroom, 4 1/2 bath, Master bedroom with sitting area, and balcony, large upstairs loft, open concept kitchen area, 2 story living room with a magnificent fireplace, and office, 3 car air conditioned garage, beautiful outdoor summer kitchen area with pool and spa perfect for entertaining. New Community Clubhouse, private gym and hard tru tennis courts, Just minutes away from the white sandy beaches, beautiful aquamarine waters and some of the best golf courses in the country. Bring all offers! Great Value #SanMichelle
We look forward to helping you find the perfect home. If you would like further information sent to you on this or any other property, please use the contact us form below and click the “Submit” button. We will be in touch with you shortly. Or, you may call us directly at (561) 626-8550.
We look forward to helping you find the perfect home. If you would like further information sent to you on this or any other property, please use the contact us form below and click the “Submit” button. We will be in touch with you shortly. Or, you may call us directly at (561) 626-8550.
![R&R Realty Logo](https://randrflorida.com/wp-content/uploads/2012/11/randrlogo-300x225.jpg)
Realtor Rules for Property Showings
Whats are the “rules” for Realtors when showing property as either the agent for the Seller or the Buyer?
There are no rules but if we all use some common snse then we can ALL minimize the risk of exposure to, or exposing someone else to the corona virus.
First, if at all possible arrange for a ‘virtual showing’. But what is that? Basically the agent for the Buyer, WITHOUT THE CUSTOMER, will visit the property either with the agent for the Seller, or not. The agent then contacts the consumer via telephone or video conference. I use face time on Facebook, but there are many such as the original Skype. They then walk the property and note any features or detrattractions together. This is a great way to develop a “short list” of properties to view in person.
![](https://randrflorida.com/wp-content/uploads/2020/06/Realtor-Property-Showings-1030x800.jpg)
Fla. Court: Homestead Exemption OK Even if Renting Rooms
04/10/2023 – NOTE THAT THE INFORMATION BELOW IS, APPARENTLY AS I’M NO LAWYER, NO LONGER TRUE OR HAS BEEN OVER RULED. LInk to the court ruling. Read this on THE FL SUPREME COURT RECENTLY ISSUED A RULING IN FAVOR OF THE TAX COLLECTOR. At the heart of this NEW case is that Florida statutes property tax provisions define real estate used and owned as homestead to mean real property to the extent provided in the Florida Constitution, less any portion used for commercial purposes and specifically states that property rented for more than 6 months is presumed to be used for commercial purposes. The tax collector estimated that 15% of the property was rented out (and was for the EXCLUSIVE use of the Tenant), producing income, for more than 6 months in a year, and therefor used for commercial puropses. They sent the Owner a bill for X Years of the 15% that was NOT coveed by the homestead exemption, plus interest and penalties. 01/31/2023 – NOTE THAT ANOTHER CASE ON THIS MATTER HAS BEEN HEARD BY THE FLORIDA SUPREME COURT AND A RULING IS EXPECTED.
Source: Fla. Court: Homestead Exemption OK Even if Renting Rooms
Fla. Court: Homestead Exemption OK Even if Renting Rooms
A state appeals court ruled that a Florida homeowners residence retained its homestead protection even if the late owner rented out three of the four bedrooms.
TALLAHASSEE, Fla. A state appeals court ruled on Wednesday that a Florida homeowners residence retained its homestead protection even if the late owner rented out three of the four bedrooms. A three-judge panel of the 2nd District Court of Appeal overturned a Pinellas County probate ruling that said 75% of the residence did not have homestead protection after the death of owner Richard James Anderson. Creditors, who had liens of $38,551 against Anderson, argued that the rented portions of the home did not retain homestead protection. A probate judge ruled that 75% of the property was subject to the claims of creditors, rather than the entire home going to Andersons heirs intact. Andersons son, Richard James Anderson II, appealed the probate-court decision. The appeals court cited longstanding court rulings about the states homestead property laws to overturn the probate-court decision. Although he rented out three individual bedrooms in the home, the decedent, along with the renters, had access to the common areas of the home. Neither the common areas nor the rented bedrooms can be severed from the residence by an imaginary line, and each area is not lawfully conveyable as an independent parcel, according to the 10-page ruling, written by Judge Darryl Casanueva and joined by judges Daniel Sleet and Samuel Salario. A single-family residence that constitutes homestead is typically not subject to dividing. Therefore, the renting of the three bedrooms did not eliminate the homeowners claim of homestead exemption to the entire property. Source: News Service of Florida
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