The ruling demonstrated the importance of keeping track of finances when buying and selling property in South Florida.
January 06, 2022 at 04:30 PM
5 minute read
Florida Bureau Chief
An acquisition of a Miami Beach hotel condominium that spawned a lawsuit alleging fraudulent inducement and breach of contract has resulted in an $8 million final judgment, affirmed by the Third DCA on Wednesday.
The ruling was a win for South Beach Resort Development LLC, which fought an appeal from Miami Beach real estate investment company GG Investment Realty over a ruling from Miami-Dade Circuit Judge William Thomas.
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