If you wish to get out of your contract to purchase a Florida pre-construction condominium, we can help. The law firm of Urban Thier & Federer, P.A., has a long track record of successfully representing 100’s of clients seeking to terminate their Florida pre-construction contracts and purchase agreements for condominiums and homes located in the Central Florida area and to receive back their deposits.
Legal Basis for Termination
The primary causes of actions we utilize are 15 U.S.C. §§ 1701-1720, the Interstate Land Sales Full Disclosure Act (also known as ILSA or ILSFDA), Florida Statutes Chapters 718 and 720, breach of contract and, depending on each buyers’ possible circumstances, other claims.
You can read more here about each of these legal theories here
Pre-Construction Contract Termination and Deposit Return Litigation
Many purchasers are rethinking whether it makes economic sense to pay the remaining amounts due and take possession of the unit for which they have contracted. Under our legal strategy, we seek to have your contract rescinded, meaning you are legally put back into the position you would have been in had you never entered into the contract or agreement for sale in the first place. Under this strategy, you are entitled to a return of your entire deposit(s), your purchase obligation is permanently terminated, and you may also be entitled to an award of interest, attorney fees, and costs.
Regardless of in which development or with which developer you have contracted, we can analyze your contract and circumstances to determine if we have a strategy that we believe will be successful for you and your situation. If we agree to accept your case, we represent you on a no win no fee/contingency fee basis.
Developments now active include, but are not limited to:
- Marina Pointe Central, a condominium, by Marina Pointe Central Developer, LLC, Tampa, Hillsborough County, Florida
- Pendry Residences Tampa, a hotel condominium, by Two Roads Development, LLC, Tampa, Hillsborough County, Florida
- Nickelodeon Hotels & Resorts Orlando, Everest Place, Orlando, Florida
- Mysk Hotel & Residences, Everest Place, Orlando, Florida
- Hilton Condo, a hotel condominium, Orlando, Florida
Protect Yourself With An Experienced Lawyer
The first step in protecting yourself as a buyer is to contact an attorney – one who is not affiliated with the developer – to evaluate and understand your particular contract(s) and circumstances. It is also important not to sign any further documents whatsoever with the developer.
Many pre-construction contracts and purchase agreements appear to provide the legally required federal and state disclosures and protections – many even naming the various laws right in the deal. However, a qualified lawyer with the proper experience in real estate litigation and transactions can quickly identify weaknesses in the agreement which may subject it to attack via the above referenced and other laws and causes of action.
We encourage you to explore our website – www.urbanthier.com to learn more about Urban Thier & Federer, P.A., their attorneys, and practice areas. Urban Thier & Federer, P.A.’s representation of buyers, includes litigation of cases in state court, federal court and arbitration proceedings. We encourage you to become informed of your rights and options. You should also ensure that any law firm you consult or retain to represent you has the experience, resources, and ability to take your case through trial and appellate courts, if necessary.
Please note that we do not represent you and cannot take any action on your behalf unless and until we enter into a formal written Legal Representation Agreement and any cost deposit or retainer has been cleared into the firm’s attorney trust account.