Buying or Selling a Florida Security Agency: Chapter 493 Licenses the Firm, Not the Deal
A Florida security agency sale runs through Chapter 493: the Class B agency license, the MB manager rule, and five-day officer filings after an equity closing.
Florida Hotel Deals: Section 509.241 and the License That Stays Behind
Fla. Stat. 509.241 makes DBPR lodging licenses non-transferable. What Florida hotel buyers need before day one: new licensure, tax clearance, reservation math.
Private Equity and the Florida CPA Firm: The 51 Percent Rule of Section 473.309
Fla. Stat. 473.309 requires CPAs to hold 51% of a licensed firm’s ownership and voting rights. How PE accounting roll-ups structure around it in Florida.
Florida Makes One-Way Fee Clauses Mutual: Section 57.105(7) in Deal Documents
Fla. Stat. 57.105(7) makes one-sided attorney fee clauses mutual. Where it bites in M&A ancillary documents and how to draft around it.
The Noncompete That Doesn’t Transfer: Florida’s Express-Assignment Rule in Asset Deals
Under Fla. Stat. 542.335(1)(f), an asset buyer cannot enforce the target’s noncompetes unless the covenant expressly authorizes assignee enforcement.
Buying or Selling a Florida Marina: The State Owns the Water Under the Docks
Most Florida marina docks sit on state-owned submerged land under a sovereignty lease. Why the lease — not the uplands — drives diligence in a marina sale.
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