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Condo Developer Unsuccessfully Attempts To Terminate Pre-construction Purchase Agreement and Keep Deposits

Author: 
Denise Lash
Publication date:
February 10, 2020
Article Summary: 

The blog discusses a legal case in which a condominium developer attempted to terminate pre-construction purchase agreements and keep the deposits of several buyers. The blog explains the background of the case and the legal arguments put forward by the developer. It then details the decision of the court, which ultimately found in favor of the buyers and ordered the developer to return their deposits. The blog also discusses the implications of the case for both developers and buyers in the pre-construction market.

Keywords: 

"condominium developer," "pre-construction purchase agreement," "deposits," and "legal case." Other potential keywords include "buyer protection," "contract law," "court decision," and "pre-construction market."

Source Citation: 
Denise Lash
Condo Developer Unsuccessfully Attempts To Terminate Pre-construction Purchase Agreement and Keep Deposits
February 10, 2020
https://www.lashcondolaw.com/condo-developer-unsuccessfully-attempts-to-terminate-pre-construction-purchase-agreement-and-keep-deposits/
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