16 09, 2019

Florida Appellate Court Muddles FAR/BAR’s Finance Contingency Putting Escrow Deposits at Risk

Contracts, Court Decisions of Importance, Real Estate Law|

In Florida, most residential real estate transactions utilize the form FAR/BAR Residential Contract for Purchase and Sale (“FAR/BAR Contract”). With over five million residential closings in Florida each year, the terms of the FAR/BAR contract impacts millions of transactions. Recently, the Fourth District Court of Appeals, in Florida Inv. Group 100, LLC v. Lafont, Case