Buyers file suit to back out of contracts at Boynton Beach’s Promenade

Sign Up for the undefined Newsletter

Before any sales have closed on the Promenade condo in Boynton Beach,
several buyers who have entered pre-construction contracts have chosen
to bring suit to recover their deposits. Several plaintiffs have filed
actions alleging language in the contract to be too one-sided for the
developer, and that the developer failed to complete construction by a
July 31, 2009 deadline. One attorney representing the plaintiffs is
Gary Nagle, a Juno Beach lawyer who was among the pioneers in the area
in trying to help buyers escape their pre-constuction agreements. Such
suits have been very frequent in South Florida, typically filed under
the federal Interstate Land Sales Act. But a recent ruling in the Federal Court of Appeals for the 11th Circuit has made successful claims far less likely. [Sun Sentinel]

Recommended For You