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Florida Deposit Attorney
During the course of the past few years that the real estate market was flourishing, a large number of new condominium development and construction projects were initiated. Investment in pre-construction condominiums and homes soared. Unfortunately, prices were often determined by statements made by dishonest brokers and/or developers. The real-estate development industry took advantage of buyers, often forcing them into signing contracts where they did not have the ability to negotiate any of the contract terms or conditions. Consequently, the legal rights of many buyers were ignored or abused by a few disreputable developers.
Today, the downswing of the economy has made it extremely difficult or even impossible for large numbers of buyers to close on these pre-construction contracts. There are both Federal and Florida state laws that may very well entitle a buyer to invalidate a contract and receive a deposit refund. Numerous grounds exist for a buyer to be able to cancel a pre-construction real estate contract and have their deposit refunded, contingent on case-by-case considerations of any respective deal.
The attorneys at D|K Philips have considerable expertise in assisting individuals that have purchased condos or homes prior to construction. You may have the right to invalidate a contract and pursue a deposit refund, but first, before being able to advise you, the attorneys at D|K Philips will have to review all documentation relating to the sale of the respective condominium or home.
D|K Philips has specialized Florida deposit attorneys that practice both real estate litigation and condominium law. Being the innovator, D|K Philips has put together a team of attorneys that are formidable adversaries to any real estate developer; this is because we do not solely represent persons for pre-construction contract cancellation. We have also represented some very well known Florida developers. D|K Philips has a balanced and thorough understanding of all aspects of Florida deposit real estate law, thus the law firm of D|K Philips is armed with a level of knowledge that most law firms are not able to compete with.
The attorneys at D|K Philips leverage all areas of law to release our clients from their pre-construction condominium sales contracts. Whether due to developer misrepresentation, or because of violations to pertinent Federal laws (the Interstate Land Sales Full Disclosure Act) and State laws, our sophisticated and "true" understanding of condominium documents enables us to provide you with "precision" legal representation.
The attorneys at D|K Philips are here to advise and assist you in obtaining a refund of your pre-construction deposit(s) during these uneasy financial times with the condominium and real estate market as troubled as it is.
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