Our firm has a proven track record in the area of deposit recovery. While we are currently aggressively representing the interests of many purchasers at ICON Brickell, and other Florida projects, recover their deposits, we previously spearheaded many of the defenses that the developers are currently using against purchasers.
In December, a Federal Judge dealt extensively with the issue of whether Florida law, specifically governor signed into law a piece of legislation that negates the Federal Judge’s prior ruling concerning a developers use of certain escrow monies, and accounts.
This recent development, however, should not deter any purchaser from seeking the return of their deposit if they are of the belief that the developer did not honor their contractual and statutory obligations.
If you are a contract purchaser in a development that has not been completed, or you are seeking the return of your deposit, then please contact our office today.