Legal Question in Real Estate Law in Florida

Florida Real Estate Contract Question by a Buyer.

Hi,

I signed a contract as a buyer of a house in FL. Now, due to some family and financial reasons I can not go ahead and buy the house.

I contacted the seller and after explaining the whole situation to him, he is ok with it.

The only thing that I am concerened about is the Realtor. I just want to know what can be the possible damages to me from the Realtor's side?

Thanks a lot for any information that you can provide.


Asked on 6/03/05, 7:53 pm

1 Answer from Attorneys
Jason Dvoracek Jason Dvorack

Re: Florida Real Estate Contract Question by a Buyer.

Your contract is what would control your liability. The average sales contract provides that the buyer�s down payment is retained and used to pay the Broker and therefore the damages are limited to whatever you put down.

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Answered on 6/04/05, 2:52 am


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