Back in September of 2008, as knowledge of the global financial crisis was both broadening and deepening, I predicted that of the myriad lawsuits being filed by real estate buyers in hopes of recovering their initial preconstruction deposits, among those with the highest probability of success were scenarios in which the developer failed to deliver [...]
Archive for January, 2009
As Real Estate Market Stays Sour, Courts Punish Builders Who Stray From Construction Schedules, Relieving Buyers From Contracts
Posted in Beck & Lee Business Trial Lawyers, Condo Cancellation Lawsuit, Condo Hotel Lawyer, Florida Condo Contract, Florida Condo Lawyer, Florida Condominium Contract Attorney, Florida Real Estate Lawyer, ILSA, Interstate Land Sales Full Disclosure Act, Miami Condo Contract Lawyer, Miami Deposit Recovery Lawyer, Real Estate Litigation, Subprime Crisis Litigation, U.S. Housing Market, World Financial Crisis, tagged Completion Delay, Construction Delay, Force Majeure on January 20, 2009 | Leave a Comment »