Legal Question in Real Estate Law in Florida

Re: Construction/Development

It is unlikely that you can assert a claim.

Re: Construction/Development

If you entered into a contract and the developer did not perform then the developer breached. There is also a possible federal cause of action to obtain your deposit back and ask that the contract you entered into be rescinded, but it depends on factors concerning the development and how big it is. Usually the contract specifies what damages a party can seek when the developer fails to deliver what it promised. Absent a clause, it is usally the difference in value from what you purchased the property for and the value that the property would have been worth if it was delivered on the date specified in the contract. Good luck and if you need additional information regarding construction we have a lot of helpful advice at our website at http://www.theconstructionlawyers.com/

Randall Gilbert

Re: Construction/Development

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Yes, you can sue but the developer may not be solvent at this time. If so, any judgment that you might obtain would not be collectable. You should consult an attorney regarding your legal rights and possible causes of action.

Scott R. Jay, Esq.