Kolter Signature Homes, Inc. v. Shenton
District Court of Appeal of Florida
1Opinion of the CourtGerber, J.
The circuit court entered final judgments pursuant to the Interstate Land Sales Act (“ILSA”), 15 U.S.C. § 1701 et seq. (2007), allowing the appellee purchasers to rescind their contracts to purchase homes from the sellers. The court reasoned that the contracts, identical other than price, limited the purchasers’ remedy of specific performance by requiring the purchasers to perform two conditions precedent before suing for specific performance. We agree with the court and affirm.
The purchasers’ amended complaint alleged that they were entitled to rescission pursuant to ILSA. Specifically, the…
2Cases cited9 opinions
- City of Homestead v. JohnsonSupreme Court of Florida · 2000
- Samara Development Corp. v. MarlowSupreme Court of Florida · 1990
- Taylor v. RichardsDistrict Court of Appeal of Florida · 2007
- State v. DavisLouisiana Court of Appeal · 2001
- Coastal Computer Corp. v. TEAM MGT. SYSTEMSDistrict Court of Appeal of Florida · 1993
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