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Michael M. Wallack, Esq.
HISTORY & EXPERIENCE 1987 to present
Michael M. Wallack, Chartered d/b/a Wallack Law Firm (formerly Michael M. Wallack, P.A.) is a Florida professional corporation engaged in the practice of law and located in Sarasota, Florida. The President of Michael M. Wallack, Chartered is Michael M. Wallack, attorney. The law firm through Michael M. Wallack practices with major emphasis in real estate, real estate development law, lending law, condominium law, taxation, corporation and business law, estate planning, probate, asset protection, foreclosures, foreclosure defense, and general commercial law. "bv" rated by Martindale-Hubble.
Experience includes representation of purchasers, sellers, and lenders in residential and commercial real estate and lending transactions, representation of lenders in U.S. Small Business Administration and U.S. Department of Agriculture guaranteed loan transactions, examination of titles, issuance of title insurance commitments and policies, preparation of closing documents, preparation of condominium documents, timeshare documents, fractional ownership documents, and subdivision restrictions, seeking and obtaining approvals from governmental authorities such as zoning variances, zoning changes and approvals of the Florida Division of Land Sales, Condominiums and Mobile Homes, landlord-tenant matters, representation before the Internal Revenue Service, formation of corporations, limited liability companies, partnerships and various business arrangements, estate planning, drafting and implementation of wills and trusts, representation in probate and guardianship matters, representation of purchasers and sellers in connection with the purchase and sale of businesses, planning for lawsuit protection, representation in ad valorem tax matters, review of and legal advice on tax advantaged investments, and representation of lenders and borrowers in workouts and in litigated matters including foreclosures.
1983 to 1987
Syndicator, investor, developer in Melbourne, FL. President of Melbourne Development Corporation
- Engaged in the syndication of various real estate projects. Developed and constructed a nine acre industrial park (office/research/warehouse) in Melbourne, FL.
- Responsible for all aspects of development including acquisition, planning, finance, site plan approval, zoning and related matters, legal, administrative, construction, and marketing.
- Pre-construction planning on other developments including a six acre office complex and a marina.
1979 to 1983
- Three lawyer firm (principal and two associates) with major emphasis in real estate, condominium law, taxation, corporation and business, estate planning, probate, and general commercial law.
- "bv" rated by Martindale-Hubble.
1975 to 1979
Partner, Wallack, Schechter & Augen, later Wallack & Schechter, Fort Lauderdale, FL.
1973 to 1975
Associate with DiGiulian, Spellacy, Bernstein, Lyons & Sanders in Fort Lauderdale, FL.
- Practice limited to real estate, taxation, corporate and business law, probate, wills, trusts, and estate planning.
Education
1973 to present Continuing Legal Education
- Earned 20 credits toward LL.M. in taxation at the University of Miami School of Law.
- Completed numerous continuing legal education courses and seminars in real estate, taxation, probate, corporation and business law, securities law and syndications.
- Completed NADCO 504 Loan Closing course.
1970 to 1973 School of Law, University of Miami
- Received J.D. degree, cum laude, in 1973.
- Concentration in real estate and taxation
- Law Review . . . top 10 percent of class
- American Jurisprudence Book Awards
- Delta Theta Phi Law Fraternity Scholarship Award
- Phi Kappa Phi Honorary Fraternity
- Student Instructor
1965 to 1969 College of Liberal Arts, Boston University
- Received A.B. degree in 1969.
- Majored in psychology with courses in economics, sociology, statistics, and accounting.
Personal Background & Interests
- Born Long Branch, New Jersey, October 9, 1947.
- Married . . . wife a graduate of Florida International University, B.S. , M.S. . . . three sons.
- Hobbies include running (23 marathons and numerous other long distance events), traveling, wilderness hiking, reading, desktop publishing.
- Licensed State of Florida certified general contractor.
Affiliations
- Admitted to The Florida Bar (Member taxation and real property and probate law sections) and United States District Court, Southern District of Florida in 1973.
- Admitted to practice before the United States Tax Court in 1974.
- Admitted to practice before the United States District Court, Middle District of Florida in 1987.
- Member Sarasota County Bar Association.
Approved Attorney For
- First American Title Insurance Co.
- Florida Community Bank
- Liberty Savings Bank
- Insignia Bank
- Synovus Bank
- Florida Shores Bank
- LeGrande Homes, Inc. d/b/a LaMaison
- Stone Financial Group, LLC
- Coastal Behavioral Healthcare, Inc
