As Real Estate Market Sours, Courts Punish Delayed Projects, Relieving Buyers From Contracts

beckandlee.wordpress.com - 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 the project on time. As a practical matter, those buyers with potential construction delay claims who have decided that they are without the patience of Job are well-advised to assert their legal claims as quickly and decisively as possible.readmore..
Mr. Beck has a law degree from Harvard Law School, and practices law in the courts of South Florida. A significant portion of his practice is devoted to issues arising under real estate and condominium purchase agreements, and he maintains a widely read blog at http://beckandlee.wordpress.com on Florida real estate law. Mr. Beck is also a frequent media commentator on legal issues relating to the recent global financial crisis. He can be reached at 305-789-0072 or jared@beckandlee.com