Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 553

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 553
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 our cybersecurity measures in response to emerging threats.

For a discussion of potential
cybersecurity risks affecting the Company, please refer to Part I, Item 1A - “Risk Factors”.

Item 2. Properties.

We lease our principal executive
office, which is located in the La Rosa Building at 1420 Celebration Boulevard, 2nd Floor, Celebration, Florida 34747. There is no written
lease agreement, and the rent is determined on a month-to-month basis. Our total office space at the principal executive office is approximately
3,000 square feet consisting of an open agent bullpen and technology and print resource area, private and group offices for staff, storage,
a conference room, and several multi-purpose spaces including a media set, Zoom room, and a training / large conference room. During 2023,
we began leasing additional office space for our subsidiary, La Rosa Realty, on the first floor of the La Rosa Building totaling 1,900
square feet. There is a written lease agreement with a term ending in June 2025.

Our business does not require
significant property space. As a real estate brokerage business, we support our agents primarily via mobile technology and video conferencing.
However, we do create a primary location for each of our subsidiaries. We lease all our space, as we are flexible on how the space is
utilized. Our subsidiaries have space that range from 360 square feet to 4,700 square feet, with relatively short terms, so as to minimize
our rental expense given our ability to easily relocate.

We believe our office space
is adequate for at least the next 12 months.

Item 3. Legal Proceedings.

From time to time the
Company is involved in litigation, claims, and other proceedings arising in the ordinary course of business. Such litigation and
other proceedings may include, but are not limited to, actions relating to employment law and intellectual property, commercial or
contractual claims, brokerage or real estate disputes, or other consumer protection statutes, ordinary course brokerage disputes
like the failure to disclose property defects, commission disputes, and vicarious liability based upon conduct of individuals or
entities outside of the Company’s control, including agents and third-party contractor agents. Litigation and other disputes
are inherently unpredictable and subject to substantial uncertainties and unfavorable resolutions could occur.

The occurrence of an unfavorable outcome in any specific period could
have a material adverse effect on our results of operations for that period or future periods. Other than as described below, we are not