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Real Estate Attorney Fort Lauderdale: Why Experience Matters for Your Property

What Are the 5 Fiduciary Duties in Real Estate?

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Real Estate Attorney Fort Lauderdale: Why Experience Matters for Your Property

Real estate attorney's desk with contract, clipboard, and glasses representing property closing paperwork in Fort Lauderdale

Real Estate Attorney Fort Lauderdale: Why Experience Matters for Your Property

When you’re buying or selling property in Fort Lauderdale, working with a real estate attorney Fort Lauderdale can make the difference between a smooth transaction and an expensive mistake. An experienced Fort Lauderdale real estate lawyer understands the local market, the unique paperwork, and the small details that can cause big problems. They handle everything from closings and contract reviews to resolving disputes, so you can focus on your new home or investment. From reviewing contracts to ensuring clear title, hiring a real estate attorney Fort Lauderdale helps protect your investment and your rights from day one.

What Does a Fort Lauderdale Real Estate Attorney Do?

Here are some of the key services a local attorney provides during your transaction:

Service Why It Matters
Contract Review & Drafting Ensures purchase agreements, leases and other documents reflect your interests and comply with Florida law.
Title Examination Identifies liens or title defects before closing to prevent future disputes.
Closing Coordination Manages the signing, funding and recording process so your transaction is executed correctly.
Dispute Resolution Represents you in negotiations, mediation or litigation if conflicts arise during the transaction.
Investment & Development Advice Offers guidance on structuring deals, zoning, and land-use issues for commercial or residential projects.

Why Experience and Local Knowledge Matter

In real estate, small details can turn into costly problems. An attorney who has handled hundreds of deals in Fort Lauderdale understands local ordinances, common title issues and how to avoid them. The Broward County Clerk of Courts notes that its County Civil/Small Claims department handles disputes under $50,000 and that representation isn’t required, but for more complex matters you should seek legal advice. Having an attorney by your side ensures that you make informed decisions and that someone is watching out for your rights.

Experience also means knowing how to navigate Florida’s unique laws. The Department of Business and Professional Regulation (DBPR) investigates and punishes license violations, and a seasoned lawyer helps you avoid working with unlicensed or unethical parties. Because Fort Lauderdale real estate values can be high, the cost of a mistake often outweighs the investment in competent legal counsel.

When Should You Hire a Real Estate Attorney?

A good rule of thumb is to involve an attorney anytime significant money or legal risk is involved. Common scenarios include:

  • Property Closings: A lawyer coordinates the closing, reviews the settlement statement and ensures that funds are properly disbursed.
  • Contract Drafting and Review: Whether you’re signing a purchase agreement, lease or partnership agreement, an attorney ensures the language protects your interests.
  • Title or Boundary Disputes: If a neighbor claims part of your yard or a title search uncovers a lien, an attorney can help resolve the issue.
  • Landlord–Tenant Issues: Evictions, lease enforcement and deposit disputes often require legal expertise; the Broward Clerk’s office notes that you may choose to seek legal advice for complex matters.
  • Investment and Development Projects: Attorneys advise on zoning, permitting, financing and structuring deals to minimize risk.

How to Choose the Right Fort Lauderdale Real Estate Attorney

Not all attorneys offer the same level of service. When selecting counsel, consider the following:

  • Experience & Track Record: Look for someone who has handled transactions similar to yours and who knows Fort Lauderdale’s neighborhoods and regulations.
  • Licensing & Discipline: Verify the attorney’s license through the DBPR. The department investigates license law violations and can revoke or suspend licenses.
  • Communication: Choose an attorney who explains things clearly, answers your questions and keeps you informed throughout the process.
  • Fee Structure: Ask about hourly rates, flat fees or contingent arrangements so there are no surprises.
  • Local Reputation: A lawyer with strong ties to Broward County courts and real estate professionals can often resolve issues more efficiently.

The City of Jacksonville suggests checking your closing documents for a survey and contacting your closing attorney if one is missing—another example of why having knowledgeable counsel is useful.

Real Estate Attorney vs. Title Company

Title companies handle the paperwork and insurance for closings, but they cannot give legal advice. They prepare documents and ensure that funds change hands. A real estate attorney, however, represents your interests, can modify contract terms, and advocates for you if a dispute arises. If something goes wrong, an attorney can negotiate, file claims or defend you in court. Many clients choose to hire both—a title company to manage the mechanics of closing and a lawyer to ensure the transaction protects them.

Frequently Asked Questions

Q1: Do I need a real estate attorney to close on a property in Florida?
You are not legally required to hire a lawyer, but closings involve significant money and legal obligations. An attorney reviews contracts, explains your rights and handles issues like title defects. This extra layer of protection can prevent costly mistakes.

Q2: What does a real estate attorney do during a closing?
They coordinate the signing of documents, ensure the deed and mortgage are prepared correctly, review the settlement statement, and confirm that funds are transferred to the right parties. They also resolve last-minute issues so the deal closes on schedule.

Q3: Can a real estate attorney help with landlord–tenant disputes?
Yes. Attorneys handle evictions, lease enforcement, deposit disputes and other issues. The Broward County Clerk’s office notes that while you can represent yourself in small claims, you may want a lawyer for more complex cases.

Q4: How do I verify a lawyer’s license?
You can look up a lawyer’s license and disciplinary history through the Florida DBPR website, which investigates complaints and enforces license laws.

Q5: What should I bring to my first consultation?
Bring any purchase agreements, leases, surveys, closing statements and correspondence related to your transaction. Having these documents allows your attorney to assess the situation and provide targeted advice.

If you’re preparing for a closing, facing a dispute or planning an investment, Feinstein Real Estate Litigation and Business Law is here to help. Our Fort Lauderdale real estate contract attorneys have deep knowledge of local law and decades of experience. Learn more about our founding attorney Michael L. Feinstein or why clients trust us, and contact us today to protect your property and your rights.

By : Michael Feinstein | August 6, 2025 | Business Litigation

What Are the 5 Fiduciary Duties in Real Estate?

Handshake and model house symbolizing real estate attorney services in Fort Lauderdale

What Are the 5 Fiduciary Duties in Real Estate?

What are the 5 fiduciary duties in real estate – and why should property owners and investors in Broward County care? In Florida, real estate brokers and agents are not just salespeople; they occupy a position of trust built on strict legal obligations. These fiduciary duties require a licensed professional to act in the client’s best interests and set a high ethical bar for anyone handling a transaction. Understanding these obligations is essential whether you’re buying a condo on the Intracoastal, selling commercial property in downtown Fort Lauderdale, or resolving a commission dispute. Below, you’ll learn how these duties work, real-life examples, and what happens when they’re breached.

Understanding Fiduciary Duty in Florida

Stylized handshake representing fiduciary trust and real estate duties in Florida

Under Florida law, fiduciary duty in real estate is more than a courtesy — it’s a legally enforceable obligation. As the Florida Real Estate School explains, fiduciary duty is “the legal obligation an agent has to act in the best interests of their client,” a relationship built on trust and loyalty. These duties are defined by statute and enforceable through regulatory channels; violations can lead to the loss of a license, civil liability, and reputational harm.

Florida’s real estate statute, F.S. 475.01, defines a fiduciary as a broker in a relationship of trust between the broker and the seller or buyer. The statute lists the broker’s duties as loyalty, confidentiality, obedience, full disclosure, and accounting, along with a duty to use skill, care, and diligence. Those core obligations form the basis of the five fiduciary duties discussed below.

What Are the Five Fiduciary Duties?

The following table summarizes the core duties owed by a Florida real estate agent to a single‑agency client. Reasonable care and diligence is included with accounting because Florida law links these duties in the same statutory clause.

Duty Meaning Example in Florida
Loyalty Put the client’s interests ahead of all others Refusing to steer a seller toward an offer that benefits the agent’s commission
Obedience Follow all lawful instructions given by the client Respecting a seller’s wish to reject a full‑price offer for personal reasons
Disclosure Reveal all known material facts that could affect the transaction Telling a buyer about a hidden structural issue before closing
Confidentiality Keep all personal and financial information private Not sharing a buyer’s budget or motivation with other parties
Accounting & Reasonable Care Accurately handle all funds and use skill and diligence Maintaining detailed records of earnest money deposits while competently managing contracts and deadlines

Duty of Loyalty

The duty of loyalty requires a real estate professional to put the client’s interests first at all times. This means never promoting a property simply to earn a higher commission or using confidential information to benefit another client. Loyalty is especially important in tight markets like Fort Lauderdale, where bidding wars are common and buyers rely heavily on their agent’s guidance. A breach of loyalty can lead to civil damages and disciplinary action under Florida law.

Duty of Obedience

The duty of obedience compels agents to follow lawful instructions from their clients. For instance, if a seller wants to reject a full‑price offer because they prefer a longer closing date, the agent must comply. Disobeying lawful directives — such as deliberately ignoring a buyer’s price limit — can lead to lawsuits and loss of licensure. In Broward County, many disputes begin when brokers take unilateral actions that contradict their client’s wishes.

Duty of Disclosure

Agents must provide full disclosure of all known material facts that could affect a client’s decision. This includes issues like hidden water damage, unrecorded easements, or pending liens on a property. Under Florida’s transaction broker relationship, limited duties still require honest dealing and disclosure of known facts. Failure to disclose material defects is one of the most common reasons buyers pursue litigation. If your transaction involved nondisclosure, our Broward real estate litigation team can review your case.

Duty of Confidentiality

Maintaining confidentiality means never revealing personal or financial information shared by the client. This duty survives closing and lasts indefinitely. Sharing a buyer’s budget or a seller’s motivation with another party is a clear breach. In practice, an agent must separate conversations with different clients and avoid casual remarks that could reveal private details. Our firm regularly handles matters where former agents disclosed sensitive information, leading to lawsuits and license suspension.

Duty of Accounting & Reasonable Care

Accounting requires an agent to accurately handle all funds and documents involved in a transaction. Earnest money deposits, escrow funds, and keys must be logged and safeguarded. Florida law also pairs accounting with reasonable care and diligence, meaning the agent must use their knowledge and skill to competently represent the client. This includes preparing accurate contracts, coordinating inspections, and meeting statutory deadlines. Poor record‑keeping or careless management of funds can quickly become grounds for a breach of fiduciary duty claim.

Consequences of Breaching Fiduciary Duties

Breach of fiduciary duty carries serious consequences. Violations can result in civil lawsuits, administrative penalties from the Department of Business and Professional Regulation, and a loss of trust that can end a career. Florida’s real estate statute emphasizes that brokers are bound by loyalty, confidentiality, obedience, full disclosure, and accounting with skill and care. If a broker fails to meet these obligations, a buyer or seller may sue for damages and file a complaint with the state.

Because fiduciary duties are codified, claims often intersect with broader legal issues like complex civil litigation and real estate contracts. Courts in Fort Lauderdale and throughout Florida look to statute and case law to determine whether a duty was breached. Evidence of undisclosed defects, diverted funds, or unauthorized disclosures can support a claim for compensatory damages and potentially punitive damages.

Local Guidance & Getting Help

Real estate transactions in Miami‑Dade and Broward counties often involve intricate local regulations. Planning and zoning decisions made by the Broward County Planning Council can affect property values, while agency relationships under F.S. 475.01 dictate how agents must behave. Understanding fiduciary duty helps protect your interests and avoid costly disputes.

If you suspect a broker or partner has violated these duties, it’s vital to act quickly. Document the conduct, gather communications and contracts, and consult with a qualified attorney. Our firm helps clients in Fort Lauderdale and across South Florida pursue damages and negotiate resolutions. Whether you’re dealing with a breach of fiduciary duty, a partnership dispute, or a commission issue, we’re here to help.

Frequently Asked Questions

Do transaction brokers owe fiduciary duties in Florida?

No. In a transaction broker relationship — the default in Florida — the agent provides limited representation and does not owe fiduciary duties. Instead, they must deal honestly and fairly, account for funds, and disclose known facts.

Can an agent represent both buyer and seller?

Yes, but only as a transaction broker. Single agents cannot represent both sides because they would be unable to fulfill the duties of loyalty and confidentiality.

Is confidentiality still required after closing?

Absolutely. The duty of confidentiality continues indefinitely, meaning an agent may not disclose information about past clients even years after the transaction.

What happens if a broker breaches fiduciary duties?

A breach can lead to civil lawsuits for damages, administrative penalties, and suspension or revocation of the broker’s license. Courts will examine evidence of nondisclosure, self‑dealing, or mishandling of funds to determine liability.

Are fiduciary duties only for real estate agents?

No. Corporate officers, trustees, and other professionals also owe fiduciary duties, such as the duty of loyalty and care. The concept applies broadly wherever one party is entrusted with another’s financial interests.

If you believe a fiduciary duty has been breached or you’re facing a dispute over commissions or disclosure, contact Feinstein Law for a confidential consultation. Our attorneys understand local real estate law and are dedicated to protecting your rights.

By : Michael Feinstein | August 5, 2025 | Broker Commission Disputes
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