Legal Question in Construction Law in Florida

I was in the process of purchasing home and gave a down payment during this process we noticed that there were several defaults in the building quality of the house. which made us uncomfortable with the building quality of the home so we no longer wanted to pursue the purchase of the home we were told that because of the fact that they were gonna keep our down payment for damages. 7500.00


Asked on 9/19/14, 7:40 am

1 Answer from Attorneys
Stephen Verbit Stephen R. Verbit, P.A.

Most residential real estate purchase and sale contracts provide the buyer with a time period within which to inspect the property and to terminate the contract and receive their deposit back if they are not satisfied with the results of their inspection. An attorney will need to review your purchase and sale contract to advise you concerning your rights and obligations with respect to termination of the purchase and the right of the seller to keep your deposit. The contract should also specify your rights and obligations and procedures in the event of a dispute over return of the deposit. Many attorneys offer free initial consultations. You should contact an attorney immediately to ensure the maximum protection of your rights.

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Answered on 9/19/14, 12:05 pm


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