South Lyon, MI asked in Contracts for Florida

Q: I’m under contract on a condo in Florida. The hurricane destroyed the area but not the condo. Can I get out or the deal.

Little to no damage on the unit but the building, pool and surrounding area has suffered significant loss.

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2 Lawyer Answers

A: No one can answer that in this online forum. It requires a review of your purchase agreement. You will need to hire a real estate lawyer to review it. Honestly, you should not purchase real estate without one.

Bruce Alexander Minnick agrees with this answer

Bruce Alexander Minnick
Bruce Alexander Minnick
  • Tallahassee, FL
  • Licensed in Florida

A: As Attorney Barbara Stage told you, the answer might be contained in the written terms of your purchase and sale contract.

I will tell you that if you financed the sale with a third party (like a bank or finance company) there are two chances of them letting you off their separate financial hook: Slim and none.

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