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Current as of January 01, 2025 | Updated by Findlaw Staff
In any action by any person against the seller of real property for any share of a forfeited deposit or down payment by a prospective purchaser, no check, draft, or other obligation of such prospective purchaser shall be construed to be a deposit and the action shall not be maintained by any person against the seller by reason thereof, if payment of said check, draft, or obligation is refused through no fault of the seller, notwithstanding any recitation of a receipt of said deposit in any written agreement.
Cite this article: FindLaw.com - Florida Statutes Title XL. Real and Personal Property § 715.02. Prohibiting recovery from seller of forfeited deposit or down payment made by check, draft, or obligation refused through no fault of seller - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xl-real-and-personal-property/fl-st-sect-715-02/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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