Yormack Law

Join us in support of Circuit Judge Robert Watson's Re-Election with an evening of whiskey and wine - https://mailchi.mp/yormacklaw.com/e3q5atumja

Informational Thursday! What Is Commercial Law?

Commercial law is a body of law that regulates the conduct of persons, merchants, and businesses who are engaged in trade, sales, and commerce. Also known as business law, it is a broad area of law that interacts with many other areas of law such as environmental regulation, real estate, and food/safety laws.

Some of the main branches of commercial law are consumer protection, contract laws, and intellectual property laws.

In addition to contract issues, common commercial law legal issues include:

Advertising and marketing disputes and violations
Unfair competition issues
Starting a new business
Transferring or terminating a business
Consumer complaints
Protection of intellectual property and trade secrets

Do I Need a Lawyer for Help with Commercial Law Issues?
Commercial law disputes can often be complex and may involve a variety of different laws and statutes. You may need to hire a commercial lawyer in your area if you need assistance with any commercial law issues.


For all your commercial law needs:

Adam J. Yormack Esq. ‍⚖️
Owned & Operated
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

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Chris Bosh's Former Miami Beach Mansion Is Now a $42M Megaflip

The waterfront Miami Beach mansion that the retired NBA star Chris Bosh sold earlier this year for $14.4 million is back on the market.

But Bosh's former home isn't just an ordinary flip. It's now available for $42 million—nearly triple what it sold for in January.

An NBA-worthy leap, to be sure. The former Miami Heat champ had purchased the home in 2010 for $12,333,000, according to Realtor.com®.

He lived there during his tenure with the team, which ended in 2016. The following year, the 11-time All-Star listed the luxury abode for $18 million.

Bosh dropped the price in 2018 to $15.95 million, and the residence on the water finally sold early this year for $14.43 million.
The new, high-flying price comes as demand for luxury South Florida homes has resulted in a surge of home flips, with record-setting prices, the Real Deal reports. However, the new price also comes with some huge changes to the property.

Rate this pool 1 - 10! 🔥🔥🔥


Feature Friday: Pool Builders, Inc. building awesome award winning pools in South Florida! Beautiful & incredible work 😍🙌

(Swipe to see more)


Tag us in your posts to be featured in our "Feature Friday", where we showcase a Florida business.

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NFTs: How a Technological Trend Redefined Art Ownership & It's Legal Issues 👾 🤖

NFTs are blockchain-based tokens, i.e. digitally transferable assets which represent an underlying value. They differ significantly from currency-tokens, which can be used for cryptocurrencies such as Bitcoin, since NFTs are unique (hence: ‘non-fungible’) and cannot be divided, merged or replicated.

Though these are digital arts the creation, distribution, ownership and trading of NFTs are new phenomena which raise a plethora of legal issues, many of which are ambiguous or unresolved. Discussed below are some of the more prevalent legal issues about which anyone involved in the minting, sale or acquisition of an NFT should be aware.

- Copyright
- SMART contracts
- Money laundering
- Taxation

It remains to be seen whether NFTs will become established as a legitimate art form or whether they represent a bubble which may burst. Either way, complex legal issues will continue to surround the commercialisation and ownership of digital art and NFTs.

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For all your title insurance, escrow & law needs:

Alligator Title & Escrow 🐊
Adam J. Yormack Esq. ‍⚖️
Attorney Owned & Operated
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

👉


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Super grateful for the opportunity 🙏🏻

"I have never had a better experience with an attorney's office before. They were so helpful through the entire process, dealing with everything from finding the best lawyers to getting me out of this mess. The whole team is wonderful and always available to help in any way they can."

Thank you Laura for your trust and amazing review.
Best of luck on all your business ventures!


Adam J. Yormack Esq. ⚖️
Yormack Law
Business | Corporate
Litigation | Real Estate
📞786.634.6055
📧[email protected]

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Yormack Law A Firm for Business Law and Real Estate.

"Working with Adam was a pleasure! He is incredibly knowledgeable and helpful. I appreciate his help and advice and I would recommend him to anyone who needs help with an estate!"

We appreciate the awesome review Edan. It was an amazing experience working side by side with you!

Adam J. Yormack Esq. ‍⚖️
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

👉 Alligator Title & Escrow

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Tag someone that needs to live here.

Aren’t these views AMAZING!?!? 😍

FULLY RENOVATED, 2-STORY WATERFRONT HOME ON A PRIVATE AND GATED COMPOUND LOCATED ON SUNSET ISLAND.

🛏 7 Bed
🛁 8.5 Bath
📐20,000 SF
Asking:
$19.25 Mil | Purchase Price
$95,000/month | Rental Price

📷 David Hunt Solomon, Miami Beach Real Estate

👉 yormack_law

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Shout out to Malo Palo Creations these are awesome! ⚡💡

(Swipe to see more)

A fellow Miami firefighter owned business creating custom LED made signs and other custom features for Miami businesses 🙌

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Yormack Laww wants to wish you a very happy thanksgiving! 🦃

We want to know what are you thankful for? ❤️🙏🏻❤️

We are thankful and grateful for faith, family, and friends. ❤️


We are grateful and thankful to have had the privilege of supporting numerous charities, meeting great people, having the most amazing wife and children, and for all of those that supported me. I couldn’t have done it without you. ❤️❤️❤️

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For all your title insurance, escrow & law needs:

Adam J. Yormack Esq. ‍⚖️
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

👉 Alligator Title & Escrow

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Miami Mansion Once Owned By Madonna Selling For Nearly $32 Million 😱

The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German Shepherd named Gunther VI is selling his Miami estate that was once owned by Madonna for $31.75 million.

The private estate sits on a 51,000-sq.ft lot with 100 feet of water frontage featuring lush landscaping, breathtaking open bay and city views, and a dock to soak in the South Florida sunshine. Spanning 8,400-sq.ft, it has 9 bedrooms and 8.5 bathrooms.

Don't forget to 👉 Yormack Law for more real estate news!

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How do you make a difference? ❤️


I recently had the privilege of hosting Eli Beer Hatzalah, founder and president of United Hatzalah of Israel at my old home in Coral Gables, Florida.

It was an honor to be able to support this amazing organization. I look forward to continuing to support them by donating and attending their upcoming event, the 2nd Annual Miami Gala.

The 2nd annual Miami Gala honoring United Hatzalah will take place on December 19, 2021 in Aventura.

United Hatzalah provides emergency medical service to all people, regardless of race, religion, or national origin, 7 days a week, 365 days a year.

For Hatzalah to be able to continue to provide emergency medical service to all those in need, it’s imperative we support them.

By attending the event, sponsoring, or donating to United Hatzalah, they can continue providing emergency assistance.

Tickets:
https://bit.ly/3x4cGLj

Sponsorship:
https://bit.ly/2Z4T2T3

Donations:
https://israelrescue.org/donate

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We can all agree there is no one-size-fits-all marketing technique for business owners. But Netflix’s show Squid Game teaches us some very important lessons that can be applied to marketing our businesses.

Do you know… 🤔

𝘞𝘩𝘪𝘤𝘩 𝘵𝘦𝘤𝘩𝘯𝘪𝘲𝘶𝘦𝘴 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦 𝘵𝘰 𝘸𝘰𝘳𝘬 𝘣𝘦𝘴𝘵 𝘵𝘰 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦 𝘳𝘦𝘷𝘦𝘯𝘶𝘦 💵 ?

Answer:
🔗 https://bit.ly/3HAq3Yz


Following these tips can take your business from barely being seen to becoming the next viral trend.


For more tips follow


Yormack Law ⚖️
Adam J. Yormack Esq.
📞 786.634.6055
📧 [email protected]
🔗www.YormackLaw.com

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How Do you Ensure You Receive Your Brokers Commission? 💵

Read 👇 to find out.
(Swipe for infographic)

As a broker, your commission is your lifeline. You do not receive a weekly set salary and instead, rely on your commissions from real estate transactions. 🏘


While most sellers are under the impression that they need to pay the seller’s agent once their home is sold, some assume they are not responsible. To further complicate the situation, the seller is not responsible for paying a buyer’s agent, but the seller’s listing agent is responsible. However, if the seller chooses to opt-out of using an MLS or working with a buyer’s agent, which means they are choosing to sell their home off-market, they are not responsible for paying a buyer’s agent. If they choose to list their home on the MLS and/or use a listing agent, then they are obligated to pay the buyer’s agent.

In most circumstances, the listing agent secures a signed exclusive listing agreement with the seller, whereby the seller agrees to pay a fixed percentage in commission if the property sells.

So how do you secure your commission? 🔐


Clarification and written agreements are key in representing both the buyer and seller for a home:

• Establish a written agreement with terms and obligations of the parties

• Clearly define important terms such as each party’s role, the nature of the relationship, terms of payment, and any conditions attached should be clearly and explicitly stated in the agreement.

• Have the broker’s agreement signed by the broker and the client to ensure its validity.

• Do not rely on text messages as a formal agreement as they may not hold up in court and can preclude you from any form of recovery.


Have questions regarding your broker’s commission?

Yormack Law ⚖️
Adam J. Yormack Esq.
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

👉

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Chase sunsets 🌅 not waterfalls in this triplex Penthouse 🌇


🛏 4 Bed
🛁 5 Bath
📐3140 SF
Asking: $2.9 Mil


For more info:
Daniel Tzinker

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Today we remember, honor and thank all those who served.

Happy Veteran’s Day! 🇺🇸


Yormack Law ⚖️
Adam J. Yormack Esq.
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

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As the days pass, technology becomes even more relevant to our lives. From the moment we wake up, to the moment we sleep, we are immersed in technology. We find ourselves spending more and more time on our mobile devices.

While technology is continually evolving, these technologies are the foundation to more advanced ones and can take your small business to the next level.

Read the entire article 👇
https://bit.ly/3wxqo9a
(link also in bio)


Adapted from: https://bit.ly/3mVq94J


Yormack Law ⚖️
Adam J. Yormack Esq.
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

👉

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Tag someone who should be living their best life ❤️




This city within a city will consist of the tallest waterfront twin towers in the US. It will feature unobstructed views of the bay and Miami Beach, 2 acres of amenities, two high speed elevators per unit, and will be centrally located near downtown Miami, the Design District, Brickell and Miami Beach.


Learn more:
www.ariareserve.com

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For all your real estate law needs:

Yormack Law ⚖️
Adam J. Yormack Esq.
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

👉

Home - Aria Reserve Miami The Tallest Residential Waterfront Dual Towers in the United States Coming to Miami Aria Reserve © - Official Developer Site PERFECTION RESERVED A new chapter in residential sophistication is transforming the idea of a life well-lived. At Aria Reserve, the beauty of nature, a captivating waterfront...

Honored to attend the Ronald McDonald House Charities®️ (RMHC) of South Florida’s fundraiser, Twelve Good Men Luncheon. The money raised helps provide a “home away from home” for families with ill children receiving treatment in South Florida’s pediatric medical facilities.

I had the pleasure of being seated with Judge Julie Harris Nelson and attorney Jane Muir. Their hard work and dedication to the community of Miami is greatly appreciated. I look forward to seeing them again at future events.

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As Gov. Ron DeSantis calls legislators into a special session starting November 15, the quiet pushback of the powerful business industry is already being felt. Both business owners and employees are left wondering what the government can mandate, and what business owners can and cannot do.

According to currently Florida state law, the state has “right to work” laws, which mean an employee can be fired any time for any reason or no reason at all. At the same time, an employee has the “right” to quit at any time for any reason or no reason at all.

Because of that, businesses have leeway to impose rules, and in most cases, employees must follow them.

Companies are using everything from vaccine mandates to mask requirements, to frequent testing of the unvaccinated to keep workers safe. But those measures are raising questions about exemptions, health risks, and legal rights.

While President Joe Biden in September directed the OHSA (Occupational Safety and Health Administration), mandated that private companies with 100 or more employees must vaccinate their staff against COVID-19 or test unvaccinated workers at least once a week, Florida Governor Ron DeSantis has said he will challenge this, and all mandates placed on employers by the President.

For now, any business that wants to make vaccination mandatory has the legal right to do it and businesses can condition employment on getting a vaccine. However, with new laws and challenges arising daily, this further confuses the situation, and leaves both business owners and employees wondering...

What is permissible and what is not?

Click link in bio👇
🔗 https://bit.ly/3CLh4RH


Yormack Law ⚖️
Adam J. Yormack Esq.
📞 786.634.6055
📧 [email protected]
🔗www.YormackLaw.com

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What Are Your Rights as a Business Owner or as an Employee? As Gov. Ron DeSantis calls legislators into a special session starting November 15, the quiet pushback of the powerful business industry is already being felt.

𝐅𝐨𝐫 𝐒𝐦𝐚𝐥𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬, 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐬 𝐭𝐡𝐞 𝐊𝐞𝐲 𝐭𝐨 𝐒𝐮𝐜𝐜𝐞𝐬𝐬

𝘉𝘶𝘵 𝘸𝘩𝘪𝘤𝘩 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘪𝘦𝘴 𝘢𝘳𝘦 𝘵𝘩𝘦 𝘳𝘪𝘨𝘩𝘵 𝘰𝘯𝘦𝘴 𝘵𝘰 𝘪𝘮𝘱𝘭𝘦𝘮𝘦𝘯𝘵, 𝘢𝘯𝘥 𝘸𝘩𝘪𝘤𝘩 𝘰𝘯𝘦𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦?

ᴠɪᴅᴇᴏ ᴄᴏɴꜰᴇʀᴇɴᴄɪɴɢ

Businesses learned that they could cut significant costs during the pandemic, by reducing the need for larger offices. As people return to work, and both businesses and employees opt for the “hybrid” workweek; alternating days in the office and home, video conferencing remains necessary.

ᴇꜱɪɢɴᴀᴛᴜʀᴇ ᴛᴇᴄʜɴᴏʟᴏɢʏ

eSignatures are legally binding bank level encrypted documents. They enable small businesses to sign documents up to 80% faster than traditional paper-based contracts. They seamlessly integrate with other technologies like HubSpot, GSuite, DropBox, and Slack to provide connected workflows.

ɪɴᴛᴇʟʟɪɢᴇɴᴛ ꜱᴇᴄᴜʀɪᴛʏ

Cybersecurity was a looming threat prior to the pandemic. But now that the pandemic hit, the FBI has reported a 300% increase in cybercrime. A third of all data breaches in 2020 involved small businesses. With the future projecting an increase in hybrid work, businesses will need to remain proactive and integrate more security tools and technologies for both employees at home and in the office to protect them from cybercrimes.

ɪɴᴛᴇɢʀᴀᴛᴇᴅ ꜱᴇʀᴠɪᴄᴇꜱ

The average number of apps SMBs use has dramatically decreased over the past year. Instead, CRM usage has increased by 24%. SMBs are using CRMs, like SalesForce, that create a centralized system for sales, services, and marketing. These CRMs keep everything streamlined and are easily accessible both from those working at home and in the office.

These main technologies can make a difference between thriving or just surviving for SMBs.


📰 https://bit.ly/3nSS5W5

Want to know more? Follow 👇

Adam J. Yormack Esq. ‍
Yormack Law ⚖️
Alligator Title & Escrow 🐊
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]
🔗www.yormacklaw.com

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📷

Which home would you live in?
Among the Clouds ☁️
or
Directly on the Beach? 🏝

Comment below. 👇

(Swipe to see more.)

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Come fly with me,
let’s fly away… ✈️

Citation Excel available for charter w/ !


Congratulations to the Rogers on the launch of Mach Point Aviation! We're going to miss you in Florida. More success than you can even imagine in the new venture, based in Dallas, coming to a city near you!

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Ａｔｔｅｎｔｉｏｎ Ｄｅｖｅｌｏｐｅｒｓ！📣

Do you know what the ᴜɴɪᴛʏ ᴏꜰ ᴛɪᴛʟᴇ ᴘʀᴏᴄᴇꜱꜱ and the ᴏᴘɪɴɪᴏɴ ᴏꜰ ᴛɪᴛʟᴇ Process are?

Without them, you cannot purchase and develop on multiple lots of land in Miami Dade.


A property owner of any lots or parcels making up a proposed building site must execute a written agreement with the city of Miami, establishing that these lots will not be conveyed, mortgaged, or leased separately from one another. They must be held together as one tract of land.

A ᴜɴɪᴛʏ ᴏꜰ ᴛɪᴛʟᴇ ᴘʀᴏᴄᴇꜱꜱ form is a prerequisite to obtaining a building permit from the City of Miami. Additionally, there are several instances in which you must also submit this form; such as if off-street parking is located on adjacent lots or offsite, if the main structure will include accessory-use buildings on the remaining lot(s), or if the building site consists of more than one platted lot. If you plan to invest or develop a multi-phased and/or mixed-use development, you must ensure that a Unity of Title agreement is properly drafted, executed, recorded, and presented to the City of Miami.

For property owners seeking a Development Agreement, Declaration of Use, Unity of Title, or other zoning-related legal instruments, Miami-Dade County requires an ᴏᴘɪɴɪᴏɴ ᴏꜰ ᴛɪᴛʟᴇ signed and prepared by an attorney authorized to practice law in the State of Florida. The Opinion of Title is based on the attorney’s examination of the subject property’s title insurance policy, title abstract, and/or title examination. The attorney certifies that the title record is correct and complete; affirms the legal description of the property; notes any encumbrances, liens, special exceptions, and other exceptions (if any); and certifies that there is nothing hindering the recording or enforcement of the legal instrument by the County.


Have questions? Comment below 👇


For all your real estate goals:

Adam J. Yormack Esq. ‍⚖️
Yormack Law
Alligator Title & Escrow 🐊
📍 121 Alhambra Plaza, 1500, Coral Gables, FL 33134
📞786.634.6055
📧 [email protected]

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📷 Dina Goldentayer Real Estate Mushka Jacobson Douglas Elliman

https://bit.ly/3nx00s6

There's nothing like waking up to the view of the ocean. 😍

Do you agree?

(Swipe to see more photos of this modern mansion)


Congratulations to the new owner! 🎉

🏠 5 Bed |6.5 Bath
📍 West Palm Beach!

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"As a business lawyer, due diligence isn't optional; it's mandatory."

Tap if you agree! 🙌


Your business agreements are a foundational key to your success, and if your agreement is missing or inaccurate regarding critical information, you may face issues later. It is of the utmost importance to ensure that your business and real estate lawyer does entity and officer due diligence when creating your business contracts. What entity is signing and who, and with what authority is critically important to enforce your agreements successfully.

When creating an agreement, follow these rules to ensure your success:

• Always start with the basics, all the player's information and their entities, "trust but verify." Check all the supporting documents.

• Modify the agreement according to your county & state. Different states, especially CA and NY, have laws that can be used against Florida business owners and used to circumvent their rights. Be sure the controlling jurisdiction is Florida.

• Discuss discrepancies, conflicts, etc., and have your lawyer sort them out in the agreement. Start with a term sheet to help your lawyer help you, but stay organized and keep costs down.

Remember, agreements imply your business's sophistication, and each one should be a building block to success and growth.

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Incredibly grateful for the opportunity 🙏🏻

Thank you Avigayel for your trust and amazing review. It’s always a pleasure representing you and your business interest(s).

Best of luck on all your business ventures!


Adam J. Yormack Esq. ⚖️
Yormack Law
Business | Corporate
Litigation | Real Estate
📞786.634.6055
📧[email protected]

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It's a very, very small world. Denver to Miami and Washington, D.C., back to Miami and the Dominican Republic.


Eight years ago, Salvatore Joseph Rizzo, III or Dominican Joe asked me to bring his vision for a foundation to life, the Dominican Joe Foundation – a non-profit 501(c)(3) in a small remote town in the Dominican Republic called Las Terranes. He set out and has successfully built schools, provided qualified teachers, and delivered all the necessary supplies to foster maximum potential.


Fast forward 6 years, and I get an out-of-the-blue phone call. A good friend from high school( ) tells me he and his wife, Susan, and their two children, Penelope and Cooper, are done with Washington, D.C. The Haese family is up and moving and are pursuing their dreams to blend education and sports for children in need! Amazing! But wait, that's not all; also, they had fallen in love with the Dominican Republic, and not just any part but as fate would have it, but Las Terranes. Derek had looked up the other local U.S. charity, and guess who's the attorney of record, his old Littleton, Colorado buddy!


Today, I am proud and grateful to represent two international not-for-profit organizations in the Dominican Republic that have a home base with Yormack Law and in Miami. 🙏🏻


Both Joe's, Dominican Joe Foundation, and Derek and Susan's, Haese Academy recognized the same need. They all fell in love with the people and the land.


The Dominican Joe Foundation empowers children to take hold of their future and break the cycle of poverty through education.


The Haese Academy couples education with world-class athletic training to achieve their dream of higher education by receiving a scholarship to study in the United States.


For more information on the organizations, please visit:
🔗 https://www.dominicanjoekids.com/
🔗 https://www.haeseacademy.com/

To read the latest newsletter: https://bit.ly/3j3vgxo

To be added to the invitation list for the fundraiser, please DM me ASAP, as spaces are limited.

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How can business leaders best position their business to benefit from Miami's Opportunity Zones?


With the buzz surrounding Opportunity Zones growing as Miami’s mayor and other leaders continue promoting attractive tax advantages, Adam J. Yormack, Esq. was asked how one can best position a business to benefit from these opportunities.

Answer: By using qualified opportunity funds to invest capital gains, companies can maximize investment in starting, growing, and adding new lines of business to take advantage of the program and maximize returns.

A prime example of this groundbreaking program is Optima Towers, developed by current client Jorge Bromberg of Inmobiliria Brom. It is the first “Class A” office tower delivered in South Florida in an opportunity zone. In recent months, lease deals totaling over 58,000 square feet have been completed at the “Class A” project, further evidencing these trends as well as the ongoing flight to qualify office assets in the region.

Investors can defer paying taxes on the capital gains they invest into a Qualified Opportunity Fund until they sell their interest in the fund or Dec. 31, 2026, whichever is earlier.

Investors who hold their interest in a Qualified Opportunity Fund for five years will receive a 10% tax reduction on the amount invested.

Investors who maintain their investment in the Qualified Opportunity Fund for at least 10 years do not pay capital gain tax on the appreciation of their capital gains interest in the fund when that interest is sold.

The most straightforward way to take advantage of the program is by establishing a new entity (or starting a new division that offers a new product or service). Existing businesses can combine federal and state tax incentive programs, as well, including a variety of hiring and equipment tax credits, grants, and exemptions. Notably, there is no minimum amount required to invest in an operating business, and taxpayers can invest both qualified deferred gain and after-tax money into the business. However, only the qualified deferred gains invested into the Opportunity Zone Fund or Opportunity Zone Business are eligible for the tax benefits.

For more information, visit: https://bit.ly/3ayZMKX

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Opportunity Zones: How Can Lawyers Best Position Their Clients to Benefit? | Daily Business Review With the buzz surrounding Opportunity Zones growing as Miami’s mayor and other leaders continue promoting the attractive tax advantages, lawyers and other business leaders are asking how to best position a business to benefit.