Follow along with the FAR/BAR Contract
Download The FAR/BAR ContractWhen a deal falls apart, it is vital to understand the remedies available for a breach of contract. We examine what constitutes a legal default by either the buyer or the seller and the specific penalties involved. Learn the crucial difference between liquidating the deposit for damages and seeking specific performance to enforce the sale.
Legal Disclaimer: This program is intended for educational and informational purposes only. It does not constitute legal advice or create an attorney-client relationship. While Attorney Garrett Barnes discusses legal principles related to the Florida FAR/BAR Contract, viewers should not rely on this material as a substitute for professional legal counsel. For guidance on a specific transaction, please consult a qualified real estate attorney.