Legal Question in Real Estate Law in Florida

Re: Real Estate Contract

the answer may depend upon the wording of the contract.

Re: Real Estate Contract

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A definite and resounding maybe. It all depends on what the Contract says. If the Buyer is truly backing out with no reason, most Contracts will provide default clauses which usually will include the loss of the Buyer's deposit and/or the right for the Seller to sue for specific performance.

I would strongly suggest that you consult a qualified real estate attorney to review your Contract and advise you of your rights.

Scott R. Jay, Esq.