and Lenders in Mortgage Closings
Frank J. Marrero, Real Estate Attorney 9200 S. Dadeland Blvd.
Suite 308 Miami, FL 33156 Phone (305)
204-1110 • Fax (305) 938-5038
Real estate refers to land, as well as anything permanently attached to
the land, such as buildings and other structures. Contract law governs
the sale and purchase of real estate. Thus the Statute of Frauds, a
principle of contract law, dictates that contracts for the sale and
purchase of real estate must be in writing
in order to be enforceable. Since the signing of the contract fixes
most of the rights and obligations of the buyer and seller, it is of
utmost importance that the real estate contract be reviewed by an
attorney prior to its execution.
seller of property must show that the title being offered is
marketable. The seller must prove that he or she owns title to the
property and that no third party has an undisclosed interest in the
property. The buyer should utilize the services of an attorney or title
insurance company to inquire into the marketability of the title, and
to issue a policy insuring the title, called a title insurance policy. My office insures title through Attorneys' Title Insurance Fund, Inc.,
which is Florida's leading title insurance underwriter and title information provider.