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Boynton Waterways Investment Associates, LLC v. Bezkorovainijs

Citations: 82 So. 3d 924; 2011 Fla. App. LEXIS 11014; 2011 WL 2694522Docket: No. 4D09-4233

Court: District Court of Appeal of Florida; July 13, 2011; Florida; State Appellate Court

Narrative Opinion Summary

This case involves a dispute over the revocation of a sales contract for a pre-construction condominium unit. Initially, the trial court granted summary judgment in favor of the buyer, allowing the contract's revocation based on alleged non-compliance with Florida Statutes § 718.109 and the Interstate Land Sales Full Disclosure Act (ILSFDA). The seller appealed, arguing that the contract was valid as it included the necessary documentation to meet ILSFDA standards. The appellate court conducted a de novo review and found the trial court's decision legally incorrect, asserting that § 718.109 did not apply until after the declaration was recorded, which had not occurred. Furthermore, the court ruled that the seller's provision of the proposed declaration and related documents satisfied the ILSFDA requirements, noting that the legal description sufficiently identified the property for recording purposes. Citing the precedent set in Taplett v. TRG Oasis, the court concluded that Florida law permits such pre-construction sales without immediate recording. Consequently, the appellate court reversed the trial court's judgment, favoring the seller, and remanded the case for entry of summary judgment for the seller, dismissing the buyer's alternate argument as unpreserved.

Legal Issues Addressed

Application of Florida Statutes § 718.109

Application: The court found that § 718.109 did not apply because the declaration had not been recorded, aligning with precedent that permits pre-construction sales before recording.

Reasoning: The court noted that § 718.109 only applies after a declaration is recorded, which had not occurred in this case.

Interstate Land Sales Full Disclosure Act (ILSFDA) Compliance

Application: The appellate court determined that the contract met the ILSFDA requirements because the buyer received the proposed declaration and other necessary documentation.

Reasoning: The seller maintained that the contract complied with ILSFDA because the buyer received the unrecorded declaration and other necessary documentation, satisfying the disclosure requirements.

Legal Sufficiency of Property Description Under ILSFDA

Application: The appellate court concluded that the legal description in the contract adhered to ILSFDA standards by incorporating comprehensive documentation that facilitated property identification.

Reasoning: The contract incorporated these documents, exceeding the requirements of section 1703(d)(1). Therefore, the legal description in the contract met ILSFDA standards.

Validity of Summary Judgment Reversal

Application: The appellate court reversed the trial court's summary judgment in favor of the buyer, ruling instead for the seller due to compliance with ILSFDA and Florida law.

Reasoning: Ultimately, the appellate court reversed the trial court's summary judgment in favor of the buyer and remanded for entry of summary judgment for the seller.