Inside RE East Broward Front Cover, Jason Kapit 8.10.14

Inside

S U N S E N T I N E L • S U N DAY, Au g ust 1 0 , 2 0 1 4

East Broward Resale

Yo u r s o u r c e f o r t h e h ott est l i st i n g s – a n d m o r e

Realtor® of the Week

C O N T E N TS P R E PA R E D BY C L A S S I F I E D A DV E RT I S I N G

Real Estate SunSentinel.com/RealEstate

Home of the Week

Sponsored by

Location: 16745 Berkshire Court, Landmark Ranch Estates, Southwest Ranches Bedrooms / baths / garages: 6/8/6

Name: Jason Kapit Company name: EWM Realty Interna-

tional, an affiliate of Christie’s

Originally from: Virginia, but moved to Fort Lauderdale when I was 3.

Where live now? Southwest Ranches, but maintain offices in Weston and Las Olas.

Current home: Southwest Ranches, but maintain offices in Weston and Las Olas in Fort Lauderdale.

Realtor designations: ESQ. The law

Features: One of Southwest Ranches finest offerings, this six-bedroom, eight-bathroom, 14,492-square-foot estate offers the finest decor and every conceivable comfort. A gated compound greets you with lush foliage, marble-pavered drive, porte cochere, six-car garage, and secure storage for a motor coach or racing boat. Inside is a formal dining room with grand salon, gourmet kitchen, 14-seat theater, arcade, cigar bar, and a complete spa/cardio center with steam shower and sauna. Outside, entertain friends and family with commercialgrade playground (rubber mulch fill), full-court (Air Jordan insignia) basketball, and a 60-by-40-foot pool, all on 2.29 meticulously maintained acres. By appointment only.

Amenities: Private, gated enclave with homes priced from $3 million.

Price: $4.4 million Additional information: To see more photos of this fantastic estate, visit 16745berkshire.com.

Contact: Jason Kapit, EWM Realty International, (954) 650-4443 or email kapit.j@ewm.com.

thing really helps when it comes to negotiating real estate transactions.

REALTOR® OF THE WEEK Continued on page ?

More INSIDE 10 Condo & H.O.A. Law 11 Hot Listings

Neighborhood of the Week

Sponsored by

Location: Landmark Ranch Estates, Southwest Ranches Why popular: Landmark Ranch Estates is the only private gated address in Southwest Ranches.

Appeals to: A number of professional athletes, entertainers, CEOs and leaders of industry. Very private, stately community attracts those desiring space. Properties range from 6,000 to 17,000 square feet and routinely feature gyms, theaters, wine rooms, basketball/tennis facilities and elaborate outdoor spaces. All residences enjoy their own privacy gates. The developers, led by Rick Bell, continue to impress their loyal followers, most recently (July 2014) closing the sale ($5.5 million) of an incredible, just-completed, 10,000-square-foot transitional design. With an increase in demand in the ultra-high-end market, a new 12,000-square-foot spec home has been announced with construction set to start in September and projected availability for Summer 2016.

Type of homes: Single-family estates on 2 to 5 acres Price range: From $3 million to over $10 million Contact: Jason Kapit, exclusively representing Landmark Ranch Estates, EWM Realty International, (954) 650-4443 or email kapit.j@ewm.com.

REALTOR® OF THE WEEK Continued from page 1

years (24/7)

How long in real estate: 11

You don’t need to make hasty decisions, but if you like something, act!

What made you get into real estate: Always passionate about

What advice do you have for sellers: Hire the best and

all things real estate: Art of the deal, interior design, architecture, landscaping. I was the guy at Publix taking every real estate magazine off the rack to thumb through.

brightest to list your home for sale.

Interview more than one agent.

Good agents don’t fear competition.

Their clients and track record do all the talking.

What separates you from other Realtors: Passion, pres-

How does what you’ve learned about real estate help your clients: Tremendously!

ence, knowledge, the law and serious negotiating skills. I’m 45. If I were 15 years younger, there might be a spot for me on “Million Dollar Listing” (MDL). Congrats to Samantha, Chad and Chris for bringing the show to Miami.

Which neighborhoods/areas are your specialties: Not so

much an area but a price point. I represent properties exclusively above $1 million. It’s not an ego thing, just a specific niche in which I have worked hard to create market share and where I am very comfortable.

Describe your working style:

Casual but intense. I’m not wearing flip-flops, but I’m not a suit and tie guy either. I always answer my phone and my clients know I am available 24/7. I don’t stop.

What advice do you have for buyers: Indecision is your enemy.

It allows them to be themselves.

They can be calm, cool, collected or complete basket cases. It doesn’t matter because they have me. I’ve negotiated hundreds of successful transactions. I am tactfully aggressive, with a no-nonsense approach. They understand that I am in complete control of their real estate affairs.

What’s the hottest listing you have right now? Loaded

question as all of the properties I represent have the bells and whistles that all Buyers want. But recently, I listed an 11,500sf estate in Southwest Ranches for $4.4M. Check out www.16745berkshire. com for a glimpse of this incredible compund, complete with Air Jordan basketball court, 14-seat theater, arcade, cigar bar and steam/spa/ cardio center. Truly amazing and should be a perfect fit for South

Florida’s jet-set crowd.

passionate about dogs and horses.

What professional accomplishment makes you most proud: Following a very untra-

What’s one thing people would be surprised to know about you: For as hardcore as I

ditional, unique and long-winding path into real estate (attorney and institutional trader), ultimately providing me serious edge, street cred and a fantastic career helping buyers and sellers in the luxury market.

Are you involved in any charitable organizations:

For years I have devoted time and money to Relay For Life, Wounded Warrior Project, Fisher House Foundation, Humane Society of Broward County, and a host of animal charities/shelters as my family and I are

Q.

Michael Bogen devotes his legal practice to representing hundreds of condominium and homeowner associations. Bogen, who is admitted to practice law in Florida, Washington, D.C. and Nevada, is also admitted before the United State District Court in the Southern and Middle Districts of Florida. Michael Bogen is assistant executive director of the Condo Council, which provides education to over 1,000 association members. If you have a related question, please send your emails to column@condolaw.com.

A.

Most likely not. The board of directors is in charge of the operation of the association. Under Florida law, a unit owner may not act on behalf of the association. The owner may take legal action against the association, however, if the board fails or refuses to make repairs that it is obligated to make to the common elements, such

as the catwalk. An owner may have an action against the association if it refuses to recoup the money it spent on repairs caused by the intentional misconduct or negligence of an owner, tenant, or guest.

Q.

I am a renter in a home that is currently in foreclosure. I stopped paying my landlord since he is in foreclosure. When do I have to move out? Do I have to pay my rent to the bank?

A.

Your landlord, the owner, is still the owner.

At the end of every bank foreclosure is an auction. The highest bidder at the auction becomes the new owner. Once the auction occurs and there is

Contact information: For immediate access, call my cell (954) 650-4443 and, yes, I will answer so don’t be surprised. Email: kapit.j@ ewm.com.

SUN-SENTINEL REAL ESTATE ADVERTISING STAFF Product development manager GARRETT A. FOSTER 954-425-1642 Advertising Designer

DEBBY DOCHERTY

954-425-1029

Special Sections Writer

Tracy Kolody

954-425-1695

Senior Sales manager

Michael D. Ross

954-425-1234

REAL ESTATE ACCOUNT EXECUTIVES Broward and Palm Beach Counties

CHRIS CONNOlLY 954-425-1517

Dade County & Out of Area

Maria Sales

Condo & Case of the damaged catwalk: Can one owner sue another?

H.O.A. Law We have an owner who damaged part of the catwalk in our building. As an owner, can I sue the owner who caused damage to the catwalk if our association board refuses to go after the owner who caused the damage and who refuses to fix the catwalk?

am in the field or at the office when I am working, I really like to read, write, relax and spend time with my family. I am as engaging as any of the guys you see on MDL in an agent capacity. But at home, I’m just dad, hanging with my wife and kids or playing fetch with one of my three dogs.

a new owner, any tenant that is still in the home must be served with a notice to vacate under a federal law called the Protecting Tenants at Foreclosure Act. There are certain requirements in order to be protected under this federal law; however, generally, a tenant with a bona fide lease will be entitled to stay in the unit for 90 days after being served with such a notice. However, prior to the bank foreclosure concluding, if a tenant fails to pay the owner/landlord rent, the landlord may still have a legal claim for the rent against the tenant even if the owner/ landlord’s home is in foreclosure.

Q. A.

954-425-1640

Is a homeowners association required to obtain competitive bids before entering into contracts?

Generally, if a contract for the purchase, lease, or renting of materials or equipment, or for the provision of services, requires payment by the association that exceeds 10 percent of the total annual budget, including reserves, the association must obtain competitive bids for the materials, equipment, or services.